XAUUSD Daily Analysis 03/04/2025

Technical analysis

1. Overview of Momentum and Market Structure

• Previous Day: Bullish

• Current Bias: Bullish

• Range: 2,832 – 2,895

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

Trading Plan

Bullish Bias

Strategy:
Look for long positions at key demand and liquidity levels:

• Buy Levels:

  • 2,869 (H1 Liquidity - Potential Support & Buy Zone)

  • 2,865 (H1 Order Block - Institutional Buying Area)

  • 2,858 (H1 Liquidity - Key Support for Bullish Continuation)

  • 2,850 (H1 FVG - Fair Value Gap for Potential Rebound)

Primary Targets:

• 2,895 (Extreme Liquidity - Strong Resistance & Key Bullish Target)

• 2,912 (H4 FVG - Potential Fair Value Gap Fill & Next Bullish Target)

• 2,920 (H4 Liquidity - Critical Resistance Zone for Possible Reversal or Continuation)

For Short Positions

Strategy:

• Look for short opportunities at key resistance levels for potential pullbacks:

  • 2,912 (H4 FVG - Possible Rejection Zone for Shorts)

  • 2,920 (H4 Liquidity - Major Resistance & Institutional Selling Zone)

  • 2,933 (Daily Order Block - Strong Supply Area for Potential Sell Setup)

Sell Targets:

• 2,895 (Extreme Liquidity - Initial Target for Shorts & Possible Retracement)

• 2,878 (H1 Liquidity - First Bearish Target for Downside Move)

• 2,865 (H1 Order Block - Key Support & Possible Bounce Area)

• 2,858 (H1 Liquidity - Next Bearish Target in Case of Reversal)

• 2,850 (H1 FVG - Critical Support & Last Bearish Target Before Strong Demand Zone)

Summary

• Bullish sentiment with buy setups at 2,869, 2,865, 2,858, and 2,850, targeting 2,895, 2,912, and 2,920.

• Short opportunities at 2,912, 2,920, and 2,933, targeting 2,895, 2,878, 2,865, and 2,850.

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