XAUUSD 3970 sweep — 4021 first trap
That 3,970 sweep is the whole setup now.
Gold dropped into the monthly low area, bounced a bit, but don’t let that little recovery fool you too fast. The structure is still heavy. Lower highs. Breakdown. Weak reclaim. Sellers still pressing from above.
Macro is not helping bulls much either. US-Iran tension keeps risk messy, inflation fear is still alive, and Fed rate-hike talk gives USD a reason to stay bid. So yeah, gold can bounce. But the bounce can still be just bait.
Main bias stays bearish while price sits below 4,021 and 4,058.
The first trap zone is the FVG around 4,010 - 4,021. If price pushes into that area and starts rejecting, that’s where late buyers can get stuck. Above that, the bigger pain zone is 4,068 - 4,085, the OB + liquidity area. That is the cleaner premium zone for sellers.
I’m not chasing shorts at 3,970 though. Too late down there.
Trading scenario:
Sell idea only if gold pulls back into 4,010 - 4,021 and rejects, or stretches deeper into 4,068 - 4,085 and fails.
Entry zone: 4,010 - 4,021 after rejection
Deeper sell zone: 4,068 - 4,085
Stop loss: above 4,103
TP1: 3,970
TP2: 3,961
TP3: 3,943
No rejection, no sell. Simple.
If gold closes back above 4,103, this short idea gets messy. Then price can squeeze higher before sellers try again.
For now, this still looks like weak bounce into supply.
You selling the FVG retest, or waiting for 4,085?
That 3,970 sweep is the whole setup now.
Gold dropped into the monthly low area, bounced a bit, but don’t let that little recovery fool you too fast. The structure is still heavy. Lower highs. Breakdown. Weak reclaim. Sellers still pressing from above.
Macro is not helping bulls much either. US-Iran tension keeps risk messy, inflation fear is still alive, and Fed rate-hike talk gives USD a reason to stay bid. So yeah, gold can bounce. But the bounce can still be just bait.
Main bias stays bearish while price sits below 4,021 and 4,058.
The first trap zone is the FVG around 4,010 - 4,021. If price pushes into that area and starts rejecting, that’s where late buyers can get stuck. Above that, the bigger pain zone is 4,068 - 4,085, the OB + liquidity area. That is the cleaner premium zone for sellers.
I’m not chasing shorts at 3,970 though. Too late down there.
Trading scenario:
Sell idea only if gold pulls back into 4,010 - 4,021 and rejects, or stretches deeper into 4,068 - 4,085 and fails.
Entry zone: 4,010 - 4,021 after rejection
Deeper sell zone: 4,068 - 4,085
Stop loss: above 4,103
TP1: 3,970
TP2: 3,961
TP3: 3,943
No rejection, no sell. Simple.
If gold closes back above 4,103, this short idea gets messy. Then price can squeeze higher before sellers try again.
For now, this still looks like weak bounce into supply.
You selling the FVG retest, or waiting for 4,085?
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🏆 Vip Gold Scalping: 10 - 15 signals per day
🏆 Vip Gold Swing Trade: 3 - 5 signals per day
🏆 Trading Idea / Setup / Tech
Join here: t.me/+0YyJQRYTXJc2YjU1
🏆 Vip Gold Scalping: 10 - 15 signals per day
🏆 Vip Gold Swing Trade: 3 - 5 signals per day
🏆 Trading Idea / Setup / Tech
Join here: t.me/+0YyJQRYTXJc2YjU1
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🏆 Free Gold Plan: 1 - 3 signals per day
🏆 Vip Gold Scalping: 10 - 15 signals per day
🏆 Vip Gold Swing Trade: 3 - 5 signals per day
🏆 Trading Idea / Setup / Tech
Join here: t.me/+0YyJQRYTXJc2YjU1
🏆 Vip Gold Scalping: 10 - 15 signals per day
🏆 Vip Gold Swing Trade: 3 - 5 signals per day
🏆 Trading Idea / Setup / Tech
Join here: t.me/+0YyJQRYTXJc2YjU1
Verbundene Veröffentlichungen
Haftungsausschluss
Die Informationen und Veröffentlichungen sind nicht als Finanz-, Anlage-, Handels- oder andere Arten von Ratschlägen oder Empfehlungen gedacht, die von TradingView bereitgestellt oder gebilligt werden, und stellen diese nicht dar. Lesen Sie mehr in den Nutzungsbedingungen.