*🔴 GOLD MARKET UPDATE | XAUUSD M30 - Pre US Session*
*📊 Market Structure 06/05 - SMC*
Price swept 4,430-4,435 liquidity → sharp bearish displacement below 4,500-4,515 premium.
Now trading ∼4,465. Bullish reaction from discount zone. Testing short-term resistance 4,466-4,470.
Recovery attempt ≠ confirmed reversal yet.
*Key Levels:*
*Bullish invalidation:* 4,430 break
*Bullish reclaim:* Hold 4,452 + break 4,470 → targets 4,480-4,485
*Bearish rejection:* 4,480-4,483 fails → back to 4,448-4,452
*SMC Scenarios:*
*1️⃣ BUY FROM DISCOUNT - Primary*
Entry: 4,449 - 4,452
Trigger: M5 bullish CHOCH + hold above bullish FVG
Reason: Liquidity sweep done, reaction from discount, swing low 4,430 protected
→ Wait for retest. Don’t chase 4,466
*2️⃣ SELL REJECTION - Secondary*
Entry: 4,480 - 4,483
Trigger: M5 bearish rejection + bearish CHOCH
Reason: Retest of lower bearish supply, M30 structure still bearish
→ Only if 4,485 fails to hold
*⚡ Session Note:*
Market is mid-range. Wait for confirmation.
Buy: Clean retest of 4,449-4,452
Sell: Rejection at 4,480-4,483 or breakdown below 4,430
Middle of range = no trade zone
No confirmation = NO TRADE. Avoid FOMO.
Trading XAUUSD this session?
#Gold #XAUUSD #SMC #ICT #forex $
_Not financial advice. Gold moves fast pre-US session. Use SL + proper risk management_