#XAUUSD#GOLD
Specific trading recommendations:
1. Buy in the 4700-4720 range after the price stabilizes. Set a target price of 4760. If this price level is broken, the target price is 4800.
2. Sell if resistance is encountered in the 4755-4765 range. Add to your position near 4780, with a target price of 4700. If this price level is broken, the target price is 4650.
(Actual trading decisions should be based on real-time market conditions.)
#XAUUSD
šØ GOLD IS SETTING A MASSIVE TRAP NEXT WEEK ā ONLY 1% TRADERS WILL SEE THIS COMING š±
THE OPERATOR OF $XAUUSD š„
https://t.co/rE0WLtErjL
Hello everyone, how are you all? ā¤ļø
As discussed in last weekās market analysis, the expectation was that first sellers would get trapped, followed by buyersāand thatās exactly how the market played out. Sellers were heavily trapped because, despite the ongoing bearish pressure in gold over the past few days, we suddenly saw strong buying momentum last week. This shift led to a breakout above the previous weekās high, a level that had not been broken for the past four weeks. As a result, many sellers gave up their positions.
Since the market had been bearish for a while, the moment this previous weekly high was broken, buyers started entering the market aggressively. This shift has pushed the overall sentiment from neutral to slightly bullish. Because of this transition, the coming week is expected to be very interesting. However, unlike last week, the sequence may reverseāthis time, buyers could be invited first and then trapped. Letās break down the market psychology behind this.
Before starting the analysis, just a quick note: I also run a Telegram channel where I share my executed trades with my audience. If youāre interested in copying trades, catching more pips in this high-volume market, and improving your learning alongside profits, you can consider joiningāit can be beneficial for you.
THE OPERATOR OF $XAUUSD š„
https://t.co/rE0WLtErjL
Now, an important observation: last weekās closing price was around 4495, and notably, the market took support near this level on Thursday and showed a strong recovery. Another key level is the previous weekās high around 4800, which is extremely important. As mentioned earlier, whenever a weekly high breaks, buyers tend to enterāand we saw exactly that. The breakout above 4600 triggered buying interest across the market. Some traders entered early, while others waited for additional confirmation above 4733.
This led to a situation where late buyers were drawn in, and near the 4800 level, we witnessed a liquidity-driven move that trapped them. In my view, traders who sold around the 4800 round number were mostly retail participants. Those who follow price action and ICT concepts would recognize that the break of structure had already occurred after the 4600 breakout. Smart money typically doesnāt reverse trends directly from round numbers, so most institutional traders likely avoided selling there and instead leaned toward buying.
So, keeping all these factors in mind, letās simplify the plan for the upcoming week.
I expect the market to open flat or with a slight gap up. After opening, there may be an initial upside move to pressure retail sellers and reduce their profits. Following that, around the 4738ā4750 zone, I anticipate a minor pullback or short-term reversal. This move will likely invite sellers back into the market.
Why this level? Because on March 20, gold previously took resistance from this same zone and made a strong downward move. Many retail traders remember such levels. So, if price shows rejection again in this areaāespecially without breaking 4800ātraders may assume itās just a retracement and begin selling again with renewed hope. However, this could turn out to be the first major trap of the week.
The reason I call it their ālast hopeā is because the market has already broken key resistance levels like 4600 and 4737, signaling a structural shift. Yet, since the market recently closed below 4735, some traders still interpret the move as a liquidity sweep and continue holding short positions. Markets often behave in a way that they donāt make their real move until they break the confidence of the majorityāand thatās what I expect to happen this week.
So overall, my plan is clear: I donāt expect aggressive downside movement at the start. Instead, I expect a stable or slightly bullish opening. Then, a temporary rejection from the 4737ā4750 area may occur to trap sellers. After that, I anticipate a recovery and eventually a breakout above 4800.
This breakout is important because smart money is unlikely to reverse the trend directly from a round number like 4800. Instead, the breakout will likely serve two purposes: breaking the confidence of remaining sellers and giving final confirmation to buyers. Once that happens, more buyers will enter the marketāand thatās when they may get trapped later.
Remember, the market only makes its real move when the majority of traders become biased in one direction. Thatās why patience and confirmation are key.
The levels Iāve marked are important institutional zones for the coming week, so make sure to track them. In the near term, the 4737 level remains critical. After a breakout, if the price later breaks back below this level, we could see strong bearish pressure return. At that point, any new buyers entering the market could also get trapped.
In the bigger picture, I still expect gold to move back toward the 4500 zone or even below. A move directly to 5000 seems unlikely without proper consolidation, especially considering that just two weeks ago, gold formed a low near 4100. A sudden 900-dollar rally without structure would be illogical. Thatās why I expect a reversal from the key resistance zones Iāve already marked, rather than a straight move to 5000.
So Overall, the plan is clear and logically structured. I hope you found this analysis valuable and that it helps you prepare for the upcoming trading week. Trade with confirmation, stay patient, and I wish you all a profitable week ahead. ā¤ļøš§æ
THE OPERATOR OF $XAUUSD š„
https://t.co/rE0WLtErjL
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