NONFARM SHOCK – GOLD FACES LIQUIDITY TEST BELOW! 📊 Massive Sell-off on NFP & Key Liquidity Zones Ahead! Gold closed the week with a sharp rejection as expected, following the Nonfarm Payrolls (NFP) release and Asia’s Golden Day. Price was driven higher during the Asian & European sessions, hitting key resistance at 2881, before experiencing a strong dump in the US session.
🚨 Key Observations for Next Week’s Market Plan: The daily candle formed a 20-pip rejection wick, signaling strong selling pressure at the top. H4 closed bearish, reinforcing the correction phase. On H2 and H1, strong Marubozu bearish candles emerged, confirming that SELL orders dominated the 2881 resistance and prevented any breakout. Price has now closed below VPOC (the high-liquidity zone), which previously acted as key support for buyers. Now that Gold has broken below this level, SELL setups become the optimal choice for next week.
📉 USD Strength & GOLD’s Liquidity Fill Zones! After this strong rejection, USD shows signs of a potential recovery next week, adding more pressure to Gold. We will now focus on liquidity voids below to determine where price may fill before a possible bullish continuation. 🔍 Key Liquidity Zones to Watch: ✅ First FVG zone (already tested): 2850 - 2842 ✅ Major FVG zone (high probability liquidity fill): 2835 - 2828 ✅ Final FVG zone (critical support before deeper correction): 2810 - 2800
📌 If 2810 - 2800 fails to hold, Gold could enter a deeper bearish correction, confirming a trend shift.
🚀 Next Steps: Monitor these key liquidity zones and watch for price reaction. Expect high volatility & potential liquidity sweeps before a trend decision! Weekly plan & trading setups will be updated tomorrow and early next week!
📩 Follow KevinNguyen-SimpleTrade for expert market updates & precise trade setups! 🚀 💬 What’s your view on Gold next week? More downside or a liquidity-driven bounce? Share your thoughts below! 🔥
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