🟡 Gold (XAUUSD) Analysis – 12 September
Market Context
• Price is currently trading around 3649, approaching our fresh M15 POI (3651 – 3657.6).
• We have seen a recent Break of Structure (BoS) to the downside, confirming a short-term shift to bearish sentiment.
• Price has now retraced back into the POI zone, aligning with a potential short setup area.
Key Observations
• POI Zone: 3651 – 3657.6 (aligned with LH + supply zone)
• Liquidity Sweep Potential: Price might push slightly above the POI to grab liquidity before resuming the downtrend.
• Structure: Market is forming lower highs and lower lows after the BoS, reinforcing a bearish bias unless price closes decisively above the POI.
Execution Plan
• Wait for price to retest 3651 – 3657.6
• Look for M1 confirmation (micro-ChoCh / micro-BoS)
• If confirmation aligns → plan short setup with fixed risk (SL: 40 pips | TP: 120 pips, 1:3 R:R)
• If the POI is broken → step aside and reassess deeper levels
Invalidation
A clean break and 15M candle close above 3657.6 invalidates the short idea.
Patience pays — let the market reject the POI before committing capital.
Bias for Today
📉 Bearish only. Short setups will be taken only from the POI zone with confirmation.
📘 Shared by ChartIsMirror
Market Context
• Price is currently trading around 3649, approaching our fresh M15 POI (3651 – 3657.6).
• We have seen a recent Break of Structure (BoS) to the downside, confirming a short-term shift to bearish sentiment.
• Price has now retraced back into the POI zone, aligning with a potential short setup area.
Key Observations
• POI Zone: 3651 – 3657.6 (aligned with LH + supply zone)
• Liquidity Sweep Potential: Price might push slightly above the POI to grab liquidity before resuming the downtrend.
• Structure: Market is forming lower highs and lower lows after the BoS, reinforcing a bearish bias unless price closes decisively above the POI.
Execution Plan
• Wait for price to retest 3651 – 3657.6
• Look for M1 confirmation (micro-ChoCh / micro-BoS)
• If confirmation aligns → plan short setup with fixed risk (SL: 40 pips | TP: 120 pips, 1:3 R:R)
• If the POI is broken → step aside and reassess deeper levels
Invalidation
A clean break and 15M candle close above 3657.6 invalidates the short idea.
Patience pays — let the market reject the POI before committing capital.
Bias for Today
📉 Bearish only. Short setups will be taken only from the POI zone with confirmation.
📘 Shared by ChartIsMirror
Trade active
🟡 Gold (XAUUSD) Trade Update – 12 SeptemberSetup Executed
Our M15 POI zone 3651 – 3657.6 was respected. After receiving LTF confirmation (micro-ChoCh / BoS), our short trade was executed.
Trade Details
• Sell Entry: 3653.8
• Stop Loss: 40 pips
• Take Profit: 120 pips (1:3 RR)
Trade is active, process is in motion — now it’s time to trust the plan, not emotions.
Bias
📉 Bearish only — targeting the downside from the respected POI zone.
📘 Shared by ChartIsMirror
Trade closed: target reached
🟡 Gold (XAUUSD) Trade Update – 12 September🎯 Take Profit Hit!
Our short trade from 3653.8 has successfully hit TP: 120 pips (1:3 RR).
This move confirms the strength of our POI rejection and the continuation of the bearish structure.
Great trades are a result of patience and execution — we followed the plan and it paid off.
📘 Shared by ChartIsMirror
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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.