Gold Isn’t Correcting — It’s Setting a TrapXAUUSD – Market Structure Update & Intraday Strategy (Dec 29)
Gold continues to move exactly within last week’s planned scenario, confirming that the broader market structure remains intact. Price is still respecting the established ascending channel, which is critical: as long as structure holds, the advantage belongs to traders who identified the context early rather than reacting emotionally to short-term volatility. This is not randomness it is disciplined price behavior following liquidity logic.
From a medium-term perspective, XAUUSD remains in a clear uptrend. Recent pullbacks are technical corrections, not signs of distribution. These retracements are designed to absorb liquidity and eliminate late FOMO entries before continuation. Price is currently hovering around the equilibrium /liquidity zone, a common area where the market generates noise, fake breaks, and emotional traps. Importantly, dynamic support (EMA + structural support) continues to hold firmly, signaling no confirmed trend reversal at this stage.
On the intraday timeframe, the primary bias remains re-accumulation within trend. As long as price holds above the key support zone, rebounds should be treated as continuation setups rather than reversal signals. Even a deeper downside sweep should be viewed as liquidity collection for larger capital participation, not structural weakness. According to the weekly directional plan, the primary objective remains higher within the channel, with the next upside expansion targeting the upper boundary.
Trader’s Mindset & Execution
Price respecting the old structure is not coincidence, it validates correct structural reading and money flow alignment. Professional trading is not about chasing candles; it is about letting price execute within a predefined scenario. While the plan remains valid, the edge lies not in overthinking, but in patience and disciplined execution. The market today is still playing by the same rules as last week.
📌 TODAY’S LIMITED STRATEGY – DEC 29
Intraday Focus: Re-accumulation & liquidity-based entries
SETUP 1 – Timing Sell (Short-term counter move)
Sell Zone: 4576 – 4579
Take Profit: 4573 – 4568
Stop Loss: 4583
SETUP 2 – Timing Buy (Primary trend continuation)
Buy Zone: 4430 – 4433
Take Profit: 4436 – 4441
Stop Loss: 4426
⚠️ Strict capital management is mandatory. These setups are precision-based, not emotional trades.
