XAUUSD Daily Analysis 03/03/2025

Technical analysis

1. Overview of Momentum and Market Structure

• Previous Day:Bearish

• Current Bias: Bearish

• Range: 2,885 – 2,832

• Expectations: Price is expected to decline, targeting key liquidity pools and fair value gaps (FVGs)..

Trading Plan

Bearish Bias

Strategy:
Look for short positions at key resistance and liquidity levels:

• Sell Levels:

  • 2,876 (H1 Liquidity - Potential Rejection & Entry for Shorts)

Primary Targets:

• 2,851 (H1 FVG - Fair Value Gap for Potential Rebalance)

• 2,838 (H1 Liquidity - Key Bearish Target for Liquidity Grab)

• 2,832 (Extreme Liquidity - Strong Demand Zone & Final Bearish Target)

• 2,823 (Weekly FVG - Institutional Demand Zone & Key Support Level)

For Long Positions

Strategy:

• Look for buying opportunities at key demand zones for potential reversals:

  • 2,823 (Weekly FVG - Institutional Buy Zone for Possible Reversal)

  • 2,802 (Previous Monthly Open - Historical Support Zone)

  • 2,785 (H4 FVG - Strong Buy Area for Institutional Entries)

Buy Targets:

• 2,832 (Extreme Liquidity - First Bounce Zone for a Potential Rally)

• 2,852 (SR Level - Key Resistance for Bullish Retest)

• 2,864 (SR Level - Next Upside Target for Price Recovery)

• 2,890 (Daily FVG - Possible Fair Value Gap Refill)

• 2,911 (H4 FVG - Strong Resistance for Bullish Continuation or Reversal)

Summary

• Bearish sentiment with short setups at 2,876, targeting 2,851, 2,838, 2,832, and 2,823.

• Long opportunities at 2,823, 2,802, and 2,785, targeting 2,832, 2,852, 2,864, and 2,890.

• Monitor price action at key liquidity levels and FVGs before entering trades.