Gold 27/08: Smart Money Targets 3405 or Sweeps 3355?Gold SMC Daily Plan – 27/08
Market Context (SMC View):
• Price consolidates around 3378, respecting the liquidity trendline with multiple BOS and ChoCH, showing smart money activity.
• Key resistance: 3393–3406 (supply & liquidity pool).
• Key support: 3352–3358 (demand zone) with OB near 3325.
• Expect a liquidity sweep either above 3405 or below 3355 before trend confirmation.
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📊 Key Liquidity Zones & Entries
✅ Sell Zone: 3402–3406
o SL: 3410
o TP: 3390 → 3380 → 3360
✅ Buy Zone 1: 3352–3358
o SL: 3345
o TP: 3360 → 3375 → 3385 → 3395
✅ Buy Zone 2 (intraday pullback): 3376–3380
o SL: 3370
o TP: 3385 → 3395 → 3405
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SMC Scenarios for 27/08
Scenario 1 – Liquidity Grab at Resistance:
• If price sweeps 3402–3406, watch for fake breakout signs.
o Short from zone with TP as above.
Scenario 2 – Buy on Dip (Demand Zone):
• If price retraces deeper to 3352–3358, wait for bullish reaction to buy.
• If price respects trend and holds 3376–3380, look for intraday longs.
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SMC Notes:
• Focus on buying dips unless liquidity grab happens first at 3402–3406.
• Watch price action near trendline & OB at 3325 for high-probability reversals.
