🟨 Gold (XAUUSD) Analysis
After yesterday’s worse-than-expected US CPI report, gold surged with strong bullish momentum — exactly as forecasted in our previous daily outlook video. All three key levels shared were respected with precision, showing the power of structured SMC-based forecasting.
🔹 Market Bias: Bullish
✅ Key Buy Zones:
-
Zone 1: 3347–3340
🔸 RBS Zone (Resistance Becomes Support)
🔸 Confluence with a strong order block
🔸 Ideal for intraday long entries with tight risk -
Zone 2: 3328–3324
🔸 M15 Fair Value Gap (FVG) + Bullish Breaker Block (BPR)
🔸 Further confluence with historical reaction area
🔸 High-probability continuation entry zone -
Zone 3: 3310 (AAA Setup)
🔸 Key liquidity pool area – ideal for post-Unemployment Claims volatility
🔸 Strong institutional interest likely around this level
🔸 High-reward swing entry if tapped
⚠️ Sell Scenario (Countertrend):
-
Level to watch: 3385
🔸 Potential short-term reversal area
🔸 Use with caution – this is a counter-trend retracement trade
🔸 Only for experienced traders with tight SL and clear RR
📌 MJ Forex Academy Trading Note:
“Today is a bullish day for gold. Focus on RBS zones, FVGs, and OBs. If you’re going short, know you’re trading against the momentum. Use precision and proper risk management.”