Technical analysis by GoldMindsFX about Symbol PAXG on 5/6/2025

💥 XAUUSD FOMC Sniper Plan – May 7, 2025"We Don’t Chase Breakouts. We Build the Trap Before the Noise." 🌍 Macro & Geopolitical Context – What Really Matters TodayMarkets are frozen in anticipation of tonight’s FOMC bombshell:📌 20:00 UTC – FOMC Statement & Rate Decision📌 20:30 UTC – Powell SpeaksTraders are split. Some expect a dovish tone to push gold through ATH. Others brace for a hawkish surprise.But let’s get one thing straight:Gold has already run thousands of pips. It doesn’t need help going higher — it needs a reason not to collapse.That’s what Powell holds in his hands tonight.Meanwhile, geopolitics stay hot in the background:Middle East tensions simmer (again).Trump pressure on Powell to step down adds political risk.Global yields are compressing → gold remains macro-favored.This is not a time for guessing. This is a time for traps.🧠 Current Structure Snapshot (Price: 3431)HTF is still bullish, but we're extended.Last confirmed HH = 3488, with ATH = 3500We're in a short-term retrace under a H4 CHoCH → excellent sniper conditions.🧱 Key Structural LevelsZone TypePrice RangeContext🔼 R23488–3495Last HH OB + extension sweep trap🔼 R13448–3455H4 OB + liquidity pocket under HH🔽 S13378–3384H4 OB + FVG + EMA 50 confluence🔽 S23333–3340D1 OB + CHoCH + imbalance zoneWe don't use FIBO extensions for guessing entries. We use them to target the crowd who does:ExtensionPrice RangeUse1.2723530–3535TP3 only1.6183575–3580Final exhaustion area🎯 Sniper Setups – Real, Refined, Ruthless🟢 Buy #1 – 3378–3384Valid H4 OB FVG tail fill + internal liquidity RSI around 40 + EMA 50 bounceSL: 3365TP1: 3405 | TP2: 3430 | TP3: 3455🧠 Our first reaction zone before news madness.🟢 Buy #2 – 3333–3340 D1 OB + imbalance Clean internal liquidity from 3300–3330 Confluence with CHoCH baseSL: 3315TP1: 3370 | TP2: 3405 | TP3: 3448💎 This zone is invisible to retail — perfect trap before spike.🔴 Sell #1 – 3448–3455 H4 OB at premium EMA rejection + FVG close Pre-news stop hunt ideal hereSL: 3462TP1: 3430 | TP2: 3405 | TP3: 3385🎯 Don’t short gold randomly — short it here, where retail longs trap themselves.🔴 Sell #2 – 3488–3495 Last HH OB before ATH Strong fibo ext confluence Sweeps = liquidity + exhaustionSL: 3504TP1: 3465 | TP2: 3430 | TP3: 3395 If they want to break ATH before Powell, we’ll be waiting above it.⚙ EMAs in SyncEMASignal21Tested from below — sell confluence at 344850Lining up near Buy #1200Far below — macro still bullish🧠 Execution PlanStay flat before FOMC unless setups trigger with PA confluenceAnticipate whipsaws → SLs must be respectedIf price consolidates above 3455 = bullish continuation likelyIf it sweeps 3448–3455 and rejects = sell of the weekDrop a 🚀 and follow us: if you’re not trading emotion — you’re trading execution.📌 Important Notice!!!The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your plan and wait for confirmation before taking action.💥 XAUUSD Market Update – May 7, 2025 (FOMC Day Edition)“This Isn’t Price Action. This Is War.” 💣🔫🧠 MACRO CONTEXT – FOMC DAY 🔥Today at 20:00 UTC, we get the Fed Funds Rate + FOMC Statement, followed by Powell’s Press Conference at 20:30 UTC.Market expects the rate to hold at 4.50%,But what matters is tone: if Powell leans hawkish → gold can dump hard.If he’s dovish (hinting cuts) → gold could rip above ATH 3500.Today is not a day to predict — it’s a day to trap.🔎 TECHNICAL STRUCTURE (Current Price: 3387)Price rejected cleanly from 3430 – a premium OB + internal CHoCH (H1)We're now compressing just above 3384, the last broken bullish structureM30–H1 showing bearish flow, but no clean BOS below 3366Liquidity remains untouched above 3448, 3488, and 3500Below, the imbalance from 3365–3340 remains a magnet🗺 STRUCTURE ZONES🔴 Valid Sell Zones (Premium)3448–3455 → H4 OB + EMA 21 + rejection wick3488–3495 → Last HH before ATH + breakout trapBoth are perfect pre-FOMC sweep setups.🟢 Valid Buy Zones (Discount)3375–3390 → H1 OB + 50% FIBO retrace + EMA 50 test3333–3340 → D1 OB + unmitigated imbalance + 78.6% zoneOnly trade if price sweeps and confirms on M15–M5.📏 KEY LEVELS ABOVELevelTypePurpose3448–3455Sell zonePre-FOMC liquidity3488–3495Sell trapBreakout killers3500ATHBig magnet3530–35351.272 extTP only if ATH breaks3575–35801.618 extBlow-off exhaustion📉 KEY LEVELS BELOWLevelTypePurpose3375–3390Buy zone 1Structure + OB3333–3340Buy zone 2CHoCH + D1 OB3315–3320Invalid zoneStructure break if lost3285–3300Last standFull sweep/reacc zone⚙ TREND SNAPSHOTTFTrendNotesH4BullishAs long as 3330 holdsH1Bearish biasBelow 3448 + CHoCH confirmedM30BearishLower highs, clean rejection wicks🧠 WHAT TO EXPECTPre-FOMC: expect liquidity sweeps both waysDuring FOMC: huge wicks possible — trade only confirmation, or wait post-newsIf we hold above 3365 → bounce toward 3448If we break 3333 → prepare for full reprice into 3300 or even 3285🗣 CLOSING THOUGHTSThis isn’t about calling tops or bottoms.It’s about positioning where others panic.The trap is being set above 3448 and below 3340.Let them run into it.We wait. We strike. We exit.📌 Important Notice!!!The above analysis is for educational purposes only and does not constitute financial advice. Always compare with your plan and wait for confirmation before taking action.🔫 Drop a comment and follow if you’re sniping this FOMC.