Gold Long setup M30

Long Setup

🟢 TP (Target) 4.821 +30.9 points (+0.644%)
🔵 Entry 4.790 Current order block zone
🔴 SL (Stop) 4.759 −30.9 points (−0.644%)
CRV 1:1 Basic Setup

Rationale for the Levels
Entry 4.790: Exactly within the red order block/supply zone, where the volume profile shows the strongest demand. The bias is “High” (bullish) and the LT BOS (Break of Structure) is confirmed as bullish.

Stop 4.759: Below the local swing structure and below the 0.618 Fib level. The actual swing low is at 4.736 (Delta Tank) – 4.759 makes sense for a tighter stop.

TP1 4.821: First resistance zone in the volume profile (turquoise cluster). This is the conservative target.

TP2: 4.835 (last swing high, let the rest run)

עסקה פעילה

Update 21.04.2026 – 13:00 CEST

Price is currently trading at ~4.794, slightly above the entry zone at 4.790. The setup is now active and running in profit. The bullish bias remains confirmed (Multi-Term: High).

Key observations:
- Price held the demand zone / orderblock at 4.786–4.790 perfectly
- Volume Profile shows strong buying pressure building up toward TP1
- SL at 4.759 remains untouched, well below current structure
- Delta Tank low at 4.736 acted as the institutional demand base

Next targets:
TP1: 4.821 – watching for a reaction here, will close 50% of position
TP2: 4.835 – trailing stop on remaining position

הערה

📊 TRADE UPDATE – XAUUSD | Gold Long Setup M30
April 21, 2026 | Baltic-Trading

🔍 Current Price: ~4,768 (−1.13% on the day)
Bias: LONG | Timeframe: M30

📐 Technical Setup (kNN Market Architecture + BigTrades/Absorption)

Price has pulled back from the highs around 4,880+ and is currently testing the lower boundary of the kNN projection zone.

kNN indicator shows:
- Upside target zone: 4,821 – 4,835
- Key decision level / invalidation: ~4,759–4,765

Current sell-pressure (red BigTrades circles) visible on recent candles. Watching for bullish absorption signals (large green circles) in the 4,760–4,790 area as confirmation trigger.

📦 Comex Gold Delivery Data – Apr 21, 2026
Source: CME Group – April 2026 COMEX 100 Gold Futures
Intent Date: 04/20/2026 | Delivery Date: 04/22/2026

Firm | Issued | Stopped
HSBC (Customer) | 150 | –
HSBC (House) | – | 8
Wells Fargo (House) | – | 240
Marex Capital (Customer) | 72 | –
BNP Paribas (Customer) | – | 32
BofA Securities (House) | 4 | 34
JP Morgan (Customer) | 4 | 59
Advantage Futures (Customer) | 143 | –
TOTAL | 373 | 373
Month to Date | | 20,347

Key takeaways:
- Wells Fargo stopped 240 contracts on their own HOUSE account → taking physical delivery for their own book. Strong institutional bullish signal.
- MTD deliveries: 20,347 contracts = ~63 tons of physical gold delivered in April alone. Exceptionally high physical demand.
- Balance perfectly matched (373 = 373) – no delivery stress today.

📋 Trade Plan
Entry (Long): 4,790 – re-entry on kNN support + green absorption signal
Stop Loss: 4,759 (below kNN lower boundary)
TP1: 4,821 (mid kNN projection)
TP2: 4,835 (upper kNN projection)
Invalidation: M30 close below 4,759

💡 Conclusion
Short-term price weakness is technical and rollover-driven, not a reflection of fading demand. Physical gold demand remains exceptionally strong. Institutional players – including Wells Fargo on their own account – are actively accumulating physical gold for delivery on April 22nd. The fundamental backdrop strongly supports the long bias.

— Baltic-Trading

Baltic-Trading

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Baltic-Trading