Note

Fake Breakouts – If price spikes toward $2,945-$2,950 but fails

Β· Views 63

#XAU/USD# Fake Breakouts – If price spikes toward $2,945-$2,950 but fails

πŸ“Š Current Market Overview
Current Price: $2,941.05 πŸ”Ό Strong bullish momentum
High of the Day: $2,941.47
Major Resistance (R3): $2,950.01 πŸ”΄ Strong institutional selling area
Recently Broken Resistance (Now Support, R2): $2,940.01 (Key intraday pivot level)
Key Dynamic Support (50 EMA): $2,925.10 (Held, fueling the bullish rally) 🟒
Psychological Support (S1): $2,920.28 (Institutional accumulation zone)
🏦 Institutional Order Flow & Liquidity Analysis
πŸ“Œ Institutional Order Flow Insights:

Aggressive institutional buying above $2,925 led to a breakout rally.
Sell liquidity zones are stacking up at $2,945-$2,950, meaning institutions may offload positions soon.
Possible engineered liquidity sweep before reversalβ€”watch for exhaustion signals.
πŸ“Œ Smart Money Activity:

Institutions absorbed sell-side liquidity at $2,925, initiating the breakout.
COT (Commitment of Traders) data indicates institutions increased long positions near support levels.
πŸ“Œ Liquidity Map Breakdown:

Buy orders now moving higher towards $2,940, suggesting a possible new short-term support.
Large sell liquidity near $2,945-$2,950, which could result in a pullback.
πŸ“ˆ Best Indicator Combination
βœ” Fibonacci Retracement Levels:

38.2%: $2,935 βœ… (Key short-term support)
50.0%: $2,930 πŸ”» (Mid-pivot retracement level)
61.8%: $2,925 πŸ”₯ (Major buy zone)
βœ” 50 EMA & 200 EMA:

50 EMA (Short-term trend) supporting price at $2,925-$2,930.
200 EMA (Long-term trend) near $2,940, where price is consolidating.
βœ” RSI (7) Momentum Confirmation:

RSI is overbought, suggesting possible exhaustion soon.
βœ” VWAP Analysis:

Price far above VWAP, meaning it could revert back down.
βœ” MACD Analysis:

Bullish momentum slowing down, indicating a possible short-term retracement.
🎯 Key Market Manipulation Tactics & Strategy
πŸ“Œ Common Market Maker Tactics in XAU/USD:

Liquidity Sweeps – Market makers pushed price above $2,940 to trap breakout traders.
Stop-Hunts – A quick dip back to $2,935-$2,930 is possible before the next move.
Fake Breakouts – If price spikes toward $2,945-$2,950 but fails to hold, it's a bull trap.
πŸ“Œ How to Trade Like Smart Money? βœ… Patience is key! Watch for:

A pullback to $2,935 before longing.
A rejection at $2,945 for a possible short scalp.
Confirmation from order flow before entry.
πŸ“‰ Momentum & Trend Analysis
βœ” RSI:

Overbought, meaning a short-term pullback is likely. βœ” Stochastic Oscillator:
Bearish divergence forming, indicating potential trend reversal. βœ” Moving Averages:
50 EMA serving as dynamic support, potential pullback target.
πŸ“’ Trading Decision – BUY or SELL?
πŸ”₯ Short Setup (High Probability Scalping Trade)
πŸ”΄ Entry: $2,945 - $2,950
πŸ”΄ Stop-Loss: $2,955
πŸ”΄ Take-Profit: $2,935 & $2,930
πŸ”΄ Risk-Reward Ratio: 3:1 βœ…

πŸ“Œ Why Short?

Price is approaching key resistance at $2,945-$2,950.
Overbought RSI, suggesting potential retracement.
Smart money may take profits soon.
⚑ Execution Plan for Maximum Profit
βœ” Step 1: Wait for price to test $2,945-$2,950.
βœ” Step 2: Confirm rejection with bearish candle formation.
βœ” Step 3: Enter short with tight stop-loss at $2,955.
βœ” Step 4: Target $2,935 and $2,930 for take-profit.

πŸ”₯ FINAL DECISION – MILK THE MARKET STRATEGY!
πŸ“Œ Trade Type: HIGH CONFIDENCE SHORT SCALP
πŸ“Œ Verdict: SELL XAU/USD from $2,945-$2,950.
πŸ“Œ Exact Entry Price: $2,945-$2,950
πŸ“Œ Stop-Loss: $2,955
πŸ“Œ Take-Profit 1: $2,935
πŸ“Œ Take-Profit 2: $2,930

🏦 Institutions may take profits here and reverse price lower.

πŸš€ AGGRESSIVE SCALP – Let’s Milk This Market! πŸ’°πŸ”₯

Disclaimer: The content above represents only the views of the author or guest. It does not represent any views or positions of FOLLOWME and does not mean that FOLLOWME agrees with its statement or description, nor does it constitute any investment advice. For all actions taken by visitors based on information provided by the FOLLOWME community, the community does not assume any form of liability unless otherwise expressly promised in writing.

FOLLOWME Trading Community Website: https://www.followme.com

If you like, reward to support.
avatar

Hot

No comment on record. Start new comment.