𝕋𝕣𝕒𝕕𝕚𝕟𝕘 𝕁𝕚𝕟𝕟

What are you seeing XAUUSD today? BUY or SELL ?

XAUUSD . EVERYONE IS WAITING FOR BREAKOUT… MARKET IS WAITING TO TRAP 🪤 Gold opened with a gap up on Monday, but that doesn’t mean the market will immediately continue moving upward. From last week, we can clearly see an inverse head & shoulders–type structure forming, and a lot of traders are now waiting for a proper breakout confirmation. Along with that, gold already gave a breakout above $4500 during last week’s closing, and today’s gap-up open has boosted the confidence of those who were holding overnight buying positions. At the same time, fresh buyers are also entering the market right now. However, there’s still an unfilled gap, and in my view, the market will likely come back to fill it. The reason is simple: gold broke Thursday and Friday’s highs directly during the Asian session, which pulled a lot of traders into instant buying positions. Many of them are still holding with their stop loss at day low or slightly below, expecting further upside continuation. But personally, I don’t see that happening immediately. The market may first attract more fresh buyers — especially those who missed the Asian session move — but after that, I expect a downside move. The zone from where gold faced resistance is a strong supply area, and we’ve already seen rejection from there. Also, the overall intraday structure currently looks bearish based on my experience. As mentioned in my analysis: 👉 $4555–$4570 is a strong resistance zone. Until a proper 1H full-body candle closes above this level with strong bullish volume, I will not change my plan. My plan is clear — I’m looking to trap buyers. I expect the market to slowly move downward in the next few hours and target the day low, followed by $4543, $4534, and $4522. ⚠️ Invalidation: If gold gives a strong 1H full-body close above $4570, this entire plan becomes invalid — keep this in mind. For now, wait patiently. Let buyers build positions, and near Monday’s day high, we’ll look for selling opportunities in gold with proper confirmation.

Friends please what are you trading today ?