Gold with No Drama

Low volume. PA dead

Next July 14th we will have the CPI release, i expect Gold to be a bit below 4300 on July 14th, lower CPI readings will make it fly in no time to 4800-4900.

1. Multi-Timeframe Technical Analysis
Candle Structure & Dynamics (Price Action)
· D1: The market is recovering from a major correction initiated in early 2026. Price rebounded powerfully off the 3932 zone, printing a rejection candle (a latent institutional Pin Bar) followed by a strong bullish impulse. Buyers are aggressively regaining control.
· H4 & H1: We are observing strong bullish momentum (a "V-shape recovery") characterized by successive high-extension breakout candles. Price has just pierced the 4105 psychological resistance.
· M15: High-visibility sideways consolidation (upper wicks hitting 4181–4195), signaling order accumulation or partial profit-taking ahead of the next institutional leg.
Supports, Resistances & Liquidity Zones
· Major Pivot Zone: 4105.00 – 4140.40. This is the former key ceiling, now converted into a massive liquidity floor (Turncoat Support).
· Immediate Resistance: 4185.90 – 4195.00. A technical level defended in the short term by selling algorithms. Above this, a liquidity void (Imbalance) opens up toward 4359.
2. Fundamental Context (Mid-Year Adjustment)
Calendar Note: Given that your charts display a timeline extending up to July 3, 2026, we are precisely within the release window of the US NFP (Non-Farm Payrolls) or the first-Friday-of-the-month employment data.
· Expected Liquidity Behavior: Prior to such a high-impact release, the market tends to manipulate the extremes. The current bullish move could seek to "hunt" the buy-side liquidity resting just above 4195.00 before retracing sharply to collect buy orders waiting at lower support levels (4140 – 4105), to finally explode to the upside.
3. Action Plan & Signals (Minimum 1:5 RR)
To achieve a minimum 1:5 Risk-Reward ratio, we must execute "Sniper" entries with ultra-tight Stop Losses, protected by validated institutional structures.
Scenario A: The Institutional Retest (Buy - High Probability)
· Logic: Let the economic news sweep the market, wait for the stop-hunt of late buyers, and enter precisely on the Turncoat Support.
· Entry Zone (Trigger): 4141.00 (Just above the M15/H1 support).
· Stop Loss (SL): 4129.00 (120 pips, strategically placed below the M15 support and protected by the 4130 psychological zone).
· Take Profit (TP): 4201.00 (600-pip target, aiming for the extension of the 4195 resistance breakout).
Scenario B: Breakout & Continuation (Buy - Momentum)
· Logic: If the market decides not to retrace and directly breaks the 4195.00 supply zone with a strong H1 institutional close.
· Entry Zone (Trigger): 4198.00 (On an M15 retest following confirmation of the 4195 break).
· Stop Loss (SL): 4189.00 (90 pips, ultra-tight, just below the old resistance turned support).
· Take Profit (TP): 4243.00 (450-pip target, driving toward the next major H4 resistance zone).

once again Im in a short

My pov

In my opinion, any gold trade right now is risky because there won't be any volatility before the NFP release. So, my advice is to exit this trade and limit your losses. The short-term bias is bullish, but the long-term bias is bearish; you just need to find the real entry price.

Its like with NY bank holiday London decided not to bother as well

The yo-yo on PA Gold continues. PA back to Fib 61.8 indicating that the bulls have re-taken control

Did you miss the NFP release yesterday??

And with US on holidays, PA's predictability may go haywires!

To celebrate 250 years since the Declaration of Independence of 1776, let the gold hover today all day around (4)177.6

I went out to buy starbucks ...when I return, I see price is pretty much still at the same place ...LOL

Thanks for mentioning this! so we have around 6 hours from now before the market closes today

Entered short @4176 TP 4076 SL Above the swing high

again perfect sellers trap.the moment i enter a short 4177 rocket long HAHAHAHAHAHAHA TAKE MY MONEY IDGAF

since morning market just allow to play below m5 only, really total control to make smaller profit only, but well we manage for it since a day have 24 hours