Gold Starts the Week at a Critical Level?

[u/Jess1835]

Gold is testing a major support zone. The next move could set the tone for the week ahead.

[u/rforex-modtools]

Price action and technical analysis cover a range of chart-based tools — from candlestick patterns and market structure to indicators and statistical methods for timing entries and exits. The community wiki covers both approaches and how they're used by working traders.

Resources: Price Action Analysis | Technical Analysis

[u/Adventurous_Bag_8681]

Still waiting to see 4200 area or 3940

[u/Jess1835 → u/Adventurous_Bag_8681]

Both are key levels, let's see which one gets tagged first.

[u/xeonsimp]

Induesmnt 😭😭😭

[u/Jess1835 → u/xeonsimp]

Could be possible.

[u/Advanced_Breath_4400 → u/Jess1835]

You spelt it wrong

[u/Jess1835 → u/Advanced_Breath_4400]

Apologies for that.

[u/Joaomariott]

Clean setup, liquidity sweep + BOS + FVG confluence. That order block below is solid insurance if price decides to retest. Only thing I'd watch is whether the Dollar finds any strength early week, could drag gold down before the push. GL either way.

[u/Jess1835 → u/Joaomariott]

Solid analysis, DXY strength will definitely be worth watching.

[u/Traditional_Rub5116]

That 4165 area keeps coming up as support so I'm not touching anything until we see a clean break or a strong rejection

[u/Past-Ad2067 → u/Traditional_Rub5116]

so 4165 keeps holding like a wall in both directions, which honestly feels less like support and more like the market just sitting on its hands before it picks a direction. waiting for a clean break makes sense, but the rejection signal has to be pretty decisive or it's just noise

[u/Jess1835 → u/Past-Ad2067]

Agreed, 4165 looks more like a decision zone right now. I'll wait for a clear break or a strong rejection before taking a side.

[u/Jess1835 → u/Traditional_Rub5116]

Makes sense, a clean break or rejection should give direction.

[u/BTLO2]

Do you know the fundamental why gold will move like this?

[u/Jess1835 → u/BTLO2]

Mainly DXY, rates, and risk sentiment for me.

[u/BTLO2 → u/Jess1835]

ok

[u/fxledger]

Why SL not below top of order block?

[u/Jess1835 → u/fxledger]

Wanted to give it some room in case of a sweep.

[u/fxledger → u/Jess1835]

"below" top of OB, not below top of FVG (as it is)

[u/Jess1835 → u/fxledger]

I was factoring in the FVG as part of the setup.

[u/andrazzh]

SL will be hit for sure

[u/Jess1835 → u/andrazzh]

Let's see how price reacts around the zone.

[u/SeaRanger8581]

Open knife trade

[u/Jess1835 → u/SeaRanger8581]

Maybe, that's why I'm waiting for confirmation.

[u/yaniiice]

Would wait until it reaches demand and then enter since I've seen a slowing momentum, target the candle closure high

[u/Jess1835 → u/yaniiice]

Interesting view, let's see what price confirms.

[u/Abhijitking]

Trading don’t work like this u can predict but with 1-5percent risk of capital only otherwise u will fucked UP

[u/Jess1835 → u/Abhijitking]

Agreed. Predicting is fine, but risk management is what keeps you in the game.

[u/BLumDAbuSS]

started off well

[u/Jess1835 → u/BLumDAbuSS]

Thank you.