Daily Plan: What’s Next After the All-Time High Correction?

📊 Market Context
Gold is struggling to recover from yesterday’s pullback after hitting a record high at 3791 USD/oz. In the Asian session on Thursday, price action remains cautious as traders await U.S. mid-tier data and further speeches from Fed officials for fresh momentum. While the long-term trend remains bullish, the current pause highlights how sensitive gold is to short-term liquidity sweeps and macro catalysts.

🔎 Technical Analysis (H1/H4)

ATH zone sits at 3791, with sellers reacting strongly from that level.

Price is currently trading below the downtrend reaction zone 3755–3757, showing near-term weakness.

Buy-side liquidity remains intact at 3712 and deeper at 3688–3686 (CP + OBS Buy Zone).

Sell-side liquidity zone identified at 3775–3777, likely to attract reactions if retested.

Larger liquidity magnet lies at 3824–3830, but only if bulls regain momentum above 3777.

🔑 Key Levels
Resistance / Sell Zones: 3775–3777 - 3791 - 3824–3830
Support / Buy Zones: 3712 - 3688–3686

📈 Scenarios & Trading Plan

✅ BUY ZONE (Main Setup): 3688–3686
SL: 3680
TP: 3696 - 3700 - 3705 - 3710 - 3720 - 3730 - …

✅ SELL ZONE (Liquidity Reaction): 3775–3777
SL: 3782
TP: 3770 - 3765 - 3760 - 3750 - 3740 - 3730 - …

⚠️ Risk Management Notes

Stay alert for false breakouts around 3775–3777, as price may sweep liquidity before reversing.
Avoid chasing entries mid-range; wait for price action confirmation in the buy/sell zones.
U.S. data and Fed commentary could trigger volatility spikes — adjust risk accordingly.

✅ Summary
Gold is consolidating after its record high at 3791, with traders waiting for new catalysts. The plan today: buy dips at 3688–3686, targeting a recovery towards 3720–3730, while looking for short-term sells at 3775–3777 if rejection occurs. A break above 3777 would re-open the path towards 3824–3830.

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