XAUUSD – Lana waits for reaction at resistance, focusing on zone-based trading
Quick Summary
Context: The week starts with many high-impact news events. Gold opened with a strong rally and is now approaching a major resistance zone.
Timeframe: H1
Strategy: No chasing price. Priority is to wait for buys at the liquidity void (VL) zone and look for corrective sells at higher resistance.
Expectation: The Asian–European sessions may move sideways, with stronger volatility likely during the US session.
Market Context
The year-end period is typically packed with economic data. Non-Farm Payrolls, CPI, and Retail Sales are all released within the same week, alongside interest-rate decisions from the UK, Europe, and Japan.
For gold, this environment often leads to sharp moves during the US session, while earlier sessions tend to consolidate or make shallow pullbacks as the market waits for news.
Technical View
After a strong rally at the start of the week, price is currently trading around a key resistance area. On the H1 timeframe, the Asian session open left a liquidity void (VL), which is Lana’s preferred area to wait for price to return and look for trend-aligned buy setups.
On the upside, a trendline combined with Fibonacci extension levels is forming a sufficiently strong resistance zone to consider a short-term corrective sell.
Trading Scenarios for the Start of the Week
Primary Scenario – Buy at the liquidity void (VL)
Buy: 4298 – 4302
SL: 4294
This is Lana’s highest-priority zone. If price returns to fill the liquidity void and structure remains intact, there is a strong probability of a bullish reaction in continuation of the broader trend.
Secondary Scenario – Corrective sell at higher resistance
Sell: 4367 – 4370
SL: 4376
This scenario is viewed as a short-term correction when price reaches a strong resistance zone. The sell is counter-trend, so strict risk management is essential and positions should not be held for too long.
Session Notes
Asian – European sessions: price may range and show mild volatility around current levels.
US session: higher volatility is likely, with liquidity sweeps and clearer execution of the outlined scenarios.
Wishing everyone calm and disciplined trading in this news-heavy week.
Quick Summary
Context: The week starts with many high-impact news events. Gold opened with a strong rally and is now approaching a major resistance zone.
Timeframe: H1
Strategy: No chasing price. Priority is to wait for buys at the liquidity void (VL) zone and look for corrective sells at higher resistance.
Expectation: The Asian–European sessions may move sideways, with stronger volatility likely during the US session.
Market Context
The year-end period is typically packed with economic data. Non-Farm Payrolls, CPI, and Retail Sales are all released within the same week, alongside interest-rate decisions from the UK, Europe, and Japan.
For gold, this environment often leads to sharp moves during the US session, while earlier sessions tend to consolidate or make shallow pullbacks as the market waits for news.
Technical View
After a strong rally at the start of the week, price is currently trading around a key resistance area. On the H1 timeframe, the Asian session open left a liquidity void (VL), which is Lana’s preferred area to wait for price to return and look for trend-aligned buy setups.
On the upside, a trendline combined with Fibonacci extension levels is forming a sufficiently strong resistance zone to consider a short-term corrective sell.
Trading Scenarios for the Start of the Week
Primary Scenario – Buy at the liquidity void (VL)
Buy: 4298 – 4302
SL: 4294
This is Lana’s highest-priority zone. If price returns to fill the liquidity void and structure remains intact, there is a strong probability of a bullish reaction in continuation of the broader trend.
Secondary Scenario – Corrective sell at higher resistance
Sell: 4367 – 4370
SL: 4376
This scenario is viewed as a short-term correction when price reaches a strong resistance zone. The sell is counter-trend, so strict risk management is essential and positions should not be held for too long.
Session Notes
Asian – European sessions: price may range and show mild volatility around current levels.
US session: higher volatility is likely, with liquidity sweeps and clearer execution of the outlined scenarios.
Wishing everyone calm and disciplined trading in this news-heavy week.
💖 Love trading Gold? So do I! 📈 Sharing 12-15 XAU & Forex opportunities daily. 📊 96% win rate with solid technical analysis. . 👉 Get real-time signals & analysis in my group: t.me/+O01HVL1qts4xNzg1
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
💖 Love trading Gold? So do I! 📈 Sharing 12-15 XAU & Forex opportunities daily. 📊 96% win rate with solid technical analysis. . 👉 Get real-time signals & analysis in my group: t.me/+O01HVL1qts4xNzg1
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.