I will be watching out for lot of Rallies during this week knowing sellers are still in control while bulls are trying to push up. We will see how it goes as we try to bring in Daily Pips.
So guys, I am watching the Radar here and won't be dropping Analysis until the cost is clear because I see Sellers and Buyers are fighting to take control as the Market is trying to break 4030 and getting rejected knowing there is an Institutional OB in that zone. 4025-4030 is a Stronge resistance zone
If 4030 gets broken, we might see price move higher before it encounter next resistance. Scalping is all I am doing right now and taking in daily pips gradually, but Scalping Analysis is not good for us to drop in our thread community because it carries high risk and HumanAI don't want to be crucified.
Patience is all we need until the coast is clear on my Radar so we can have better Analysis.
So guys, I am sure we can all see on our screen / trading system that Gold has been trading between 4015-4030 for over an hour now. I will rather wait until there is a clearer Break of structure (BOS) The past 3 hours, there is no clear BOS on the H1 time frame so I see some many traders will get trapped in between until we see major movement. If we don't have patience we get caught in the Trap too.
The primary intra-day day trading strategy for XAU/USD at the current market price of $4,012 is to buy structural dips confirming the $4,000 psychological floor or short a failure to break the $4,025 session resistance. Sitting right at the lower tier of the immediate $4,000–$4,030 range, $4,012 is a transitional price that requires waiting for a test of a structural boundary to ensure a high risk-to-reward ratio.
A dual-scenario actionable execution layout tailored to this immediate price level is structured below.
