Gold is trading around $4,034 after failing to hold the short-term recovery from the weekly low area. Price is still moving below the recent supply structure, and the current reaction remains weak under the Sell FVG zone around $4,051–$4,058.
From an SMC perspective, gold has already shifted into a bearish structure after the previous BOS to the downside. The recovery from the liquidity zone did not create a strong bullish continuation. Instead, price formed a lower reaction, rejected below the upper liquidity levels, and is now consolidating under the key FVG sell area. This shows that sellers are still defending the short-term structure.
The main zone to watch is the Sell FVG around $4,051–$4,058. If gold pulls back into this zone and forms bearish rejection, the downside scenario remains valid. The next target would be the liquidity zone near $4,000–$3,990, then the weekly low around $3,984. If that low breaks cleanly, gold may continue deeper toward the lower liquidity area.
Sell setup 1
Condition:
Gold pulls back into the Sell FVG zone around $4,051–$4,058 and forms bearish rejection with lower timeframe MSS / CHOCH.
Entry: $4,051–$4,058
SL: above $4,082
TP1: $4,025
TP2: $4,000
TP3: $3,984
TP4: $3,960
Sell setup 2
Condition:
If gold breaks below the current short-term support and retests it as resistance, bearish continuation remains valid without waiting for a deeper pullback.
Entry: below $4,025 after breakdown retest
SL: above $4,051
TP1: $4,000
TP2: $3,984
TP3: $3,960
Sell setup 3
Condition:
If gold sweeps above the Sell FVG but fails to break above $4,082 buyside liquidity, this can create a stronger liquidity-trap sell setup.
Entry: after rejection below $4,082
SL: above $4,105
TP1: $4,051
TP2: $4,025
TP3: $3,984
Buy scalping setup
Condition:
Buying is not the main priority. A buy scalp is only valid if gold sweeps the weekly low around $3,984 and forms a strong bullish rejection.
Entry: $3,984 after bullish rejection
SL: below $3,960
TP1: $4,000
TP2: $4,025
TP3: $4,051–$4,058
Key levels
Current price area: $4,034
Sell FVG zone: $4,051–$4,058
Buyside liquidity: $4,082
Strong liquidity: $4,104
Short-term support: $4,025
Liquidity zone: $4,000–$3,990
Weekly low: $3,984
Lower bearish target: $3,960
Bearish continuation confirmation: clean break below $4,025
Stronger bearish confirmation: clean break below $3,984
Bearish invalidation: clean 2H close above $4,105
My current view is that gold remains in a bearish structure while price stays below the Sell FVG zone and the $4,082 liquidity level. The Prime Gold plan is to avoid buying too early in the middle of the range and wait for either a pullback into $4,051–$4,058 or a clean breakdown below $4,025 before looking for sell confirmation. If sellers continue to defend the FVG, gold may move lower toward $4,000, $3,984 and potentially $3,960.
No confirmation, no trade.
Gold · SMC · 5+ years. t.me/+R38arB9C3aJhMWZl
Reading institutional footprints in XAUUSD — Order Blocks · FVG · Liquidity · Structure. Weekly outlook every Monday. Where smart money leads, we follow
t.me/+R38arB9C3aJhMWZl
Reading institutional footprints in XAUUSD — Order Blocks · FVG · Liquidity · Structure. Weekly outlook every Monday. Where smart money leads, we follow
t.me/+R38arB9C3aJhMWZl
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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.
Gold · SMC · 5+ years. t.me/+R38arB9C3aJhMWZl
Reading institutional footprints in XAUUSD — Order Blocks · FVG · Liquidity · Structure. Weekly outlook every Monday. Where smart money leads, we follow
t.me/+R38arB9C3aJhMWZl
Reading institutional footprints in XAUUSD — Order Blocks · FVG · Liquidity · Structure. Weekly outlook every Monday. Where smart money leads, we follow
t.me/+R38arB9C3aJhMWZl
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.