š Intraday Reversal Map ā Gold šāØ Micro-Brief
Today's Gold intraday action was quite choppy and reversal-prone, where short-term traders exploited multiple micro-flips. An early bullish push was seen in the Asia session, but the price showed rejection near the resistance cluster. š” Candlestick patterns and short-term RSI overbought signals provided a clear micro-flip alert. Traders monitored these initial resistance zones for quick profit-booking.
Momentum was weak during the Europe open, and reversal signals were triggered around liquidity grab zones near prior session highs. š» Large orders and stop-hunt activity created a minor pullback, providing entry opportunities for intraday sellers. Gold's micro-structure indicated that small reversals are more reliable near liquidity points.
In the US session, a sudden rejection was observed at the overnight gap-fill and key pivot confluence. ā” Pin bars, wick sweeps, and short-term trend flips on the 15-min and 1H charts confirmed the intraday reversal. The micro-level support flip just above the recent swing low was attractive for buyers, while the resistance flip around the previous day high created pressure points for sellers.
Oscillators like RSI and MACD also indicated a short-term momentum shift. š Gold's intraday structure is now temporarily choppy and reversal-prone, but flips near liquidity clusters and wick sweep zones are high-probability.
Quick Take: Traders should monitor 15-min wick clusters, prior highs/lows, pivot confluence, and momentum flips for intraday scalps. š¹ Micro-reversals are quite fast and precise; timely execution and risk management are key.
š¹ Short-term traders should focus on intraday resistance rejection and support flip zones in today's session to capture small, high-probability trading opportunities.
