BEFORE I BREAK DOWN WHAT I’M LOOKING AT ON GOLD TODAY, I WANT YOU GUYS TO KEEP AN EYE ON BOTH DXY & GOLD

Look at the difference between the two.
DXY has been VERY bullish, consistently increasing in value and now pushing above last week’s high. Dollar strength has been clear

Now look at GOLD we’ve been seeing the opposite recently. Gold has been losing value, with price continuing to push lower from the recent highs

DXY 📈 = strengthening
GOLD 📉 = weakening

Since yesterday’s Asia session, GOLD HAS BEEN MELTING. Price rejected major 4360–4370 HTF zone, an area sellers have continued to defend. Every push into this area has struggled to hold, buyers have been absorbed, and sellers have continued rejecting price lower

Overnight alone, Gold dropped 600+ pips and has now tapped into our H1 DEMAND / BULLISH MONEY ZONE around 4300.. And look at the reaction price swept into the zone, left a strong wick rejection, and reclaimed above our 4308 bullish value level. This is very similar to the reaction we saw during Tuesday London. Remember, THIS WAS AND STILL IS OUR BULLISH MONEY ZONE

Now the plan is SIMPLE. I have 2 intraday levels marked that will determine what I’m interested in:

🟢 BUY SCENARIO: If this demand continues to hold and price starts building bullish PA, I want to see a 15–30M bullish candle close above 4320. If we get that confirmation, I’ll look for a pullback/value entry for a potential buy

🔴 SELL SCENARIO: If selling pressure continues and this demand fails, I want to see a 15–30M bearish candle close below 4308–4306. That would give us an opportunity to look for continuation sells, with 4293 being the next major area below

That’s our SCALP PLAN going into NYSE... I’ll continue monitoring PA and, at the same time, look for a clean HTF zone where we may be able to position a limit