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We have a highly structural and clean Smart Money Concepts (SMC) setup forming on the 30-Minute (M30) timeframe for Gold (XAUUSD). The market has delivered clear bearish structural shifts, giving us a high-probability short opportunity with a tight invalidation level.
🔍 Market Structure & Technical Breakdown:
Bearish CHOCH (Change of Character): Following a series of internal Breaks of Structure (BOS) and mitigation of the premium Order Block (OB) / Fair Value Gap (FVG) area, price has aggressively broken the major ascending trendline support, confirming a bearish Change of Character (CHOCH) to the downside.
Liquidity & Trendline Sweep: The breakdown through the diagonal support has swept retail buyers, shifting the order flow completely in favor of the sellers.
Key Points of Interest (POIs) / Supply Zones:
Minor Supply (Sell Zone): Around 3,984 area.
Strong Sell Zone (Premium Supply): Located around the 4,015 – 4,021 region. This zone aligns perfectly with the origin of the CHOCH and the retest of the broken structural levels, making it our primary area of interest for a sell trigger.
🎯 Trade Execution Plan & Targets:
We are anticipating a corrective pullback into the Strong Sell Zone to mitigate the remaining supply before the next impulsive leg down.
Entry Zone: Pullback/Retracement into the 3,984 or 4,015 Supply zones (look for lower timeframe confirmation).
Stop Loss (SL): Placed tightly above the supply structure at 4,025.39 (or 4,030.40 depending on your spread and entry model). A tight SL is set to keep risk absolutely minimal.
Take Profit 1 (TP1): 3,945.74
Main Target (TP2): 3,900.99 (Major structural liquidity pool).
⚠️ Risk Disclaimer:
Trade according to your own risk management. We have kept the stop loss very tight on this setup to ensure a highly favorable Risk-to-Reward (R:R) ratio, meaning minimal risk for a massive potential target. Always wait for your confirmation before entering!
Do you agree with this bias? Let me know your thoughts in the comments below! 👇 Hit the like button if you find this analysis helpful! 🚀
We have a highly structural and clean Smart Money Concepts (SMC) setup forming on the 30-Minute (M30) timeframe for Gold (XAUUSD). The market has delivered clear bearish structural shifts, giving us a high-probability short opportunity with a tight invalidation level.
🔍 Market Structure & Technical Breakdown:
Bearish CHOCH (Change of Character): Following a series of internal Breaks of Structure (BOS) and mitigation of the premium Order Block (OB) / Fair Value Gap (FVG) area, price has aggressively broken the major ascending trendline support, confirming a bearish Change of Character (CHOCH) to the downside.
Liquidity & Trendline Sweep: The breakdown through the diagonal support has swept retail buyers, shifting the order flow completely in favor of the sellers.
Key Points of Interest (POIs) / Supply Zones:
Minor Supply (Sell Zone): Around 3,984 area.
Strong Sell Zone (Premium Supply): Located around the 4,015 – 4,021 region. This zone aligns perfectly with the origin of the CHOCH and the retest of the broken structural levels, making it our primary area of interest for a sell trigger.
🎯 Trade Execution Plan & Targets:
We are anticipating a corrective pullback into the Strong Sell Zone to mitigate the remaining supply before the next impulsive leg down.
Entry Zone: Pullback/Retracement into the 3,984 or 4,015 Supply zones (look for lower timeframe confirmation).
Stop Loss (SL): Placed tightly above the supply structure at 4,025.39 (or 4,030.40 depending on your spread and entry model). A tight SL is set to keep risk absolutely minimal.
Take Profit 1 (TP1): 3,945.74
Main Target (TP2): 3,900.99 (Major structural liquidity pool).
⚠️ Risk Disclaimer:
Trade according to your own risk management. We have kept the stop loss very tight on this setup to ensure a highly favorable Risk-to-Reward (R:R) ratio, meaning minimal risk for a massive potential target. Always wait for your confirmation before entering!
Do you agree with this bias? Let me know your thoughts in the comments below! 👇 Hit the like button if you find this analysis helpful! 🚀
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.