Gold (XAUUSD) Smart Money Technical Analysis – 5M Chart
Date: April 16, 2025
Market Structure & Concept:
- Strong bullish move broke above previous structure
- Current retracement into FVG and demand zone
- Expecting continuation after confirmation
Trade Plan:
- Buy Limit: 3245
- Stop Loss: 3234
- Take Profit 1: 3270
- Take Profit 2: 3285
*Wait for price action confirmation before entering (e.g., bullish engulfing or BOS on 1M/3M)
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