Gold (XAU/USD) – Daily Outlook
Gold remains bearish on the daily timeframe, but it’s important to note that price is still moving within a larger-range structure on the higher timeframe. This means we can identify potential buy and sell opportunities within this range.
Yesterday, both our buy and sell zones worked perfectly. We gave a buy level at 3295 and a sell level at 3330, and both levels responded well with strong price action.
Today’s Trade Plan:
We are monitoring two key levels for medium-term entries:
🔹 Buy Zone:
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3310 to 3300 – This area aligns with an M30 Order Block, and we expect potential bullish reactions here.
🔹 Sell Zone:
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3326 to 3330 – This is a medium-term sell Order Block, where price may face resistance.
Major SMC Setup:
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A higher timeframe (H4) Advanced Algorithmic (AA) sell setup is identified at 3380, which aligns with:
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H4 Order Block
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Liquidity sweep
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Smart Money Concept (SMC) Zone
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📌 Important Note:
Before taking any trade from these levels, always wait for volume confirmation at the zone. This helps filter out false breakouts and improves entry accuracy.
🛡 Risk Management is Essential – Always use proper stop-loss placement and risk-to-reward ratios. Avoid overleveraging, especially during ranging condition