📊 DAILY MARKET DESK — XAUUSD
Gold is currently trading around several HIGH TIMEFRAME zones, but most of these zones have already been tested multiple times. This makes them weaker and increases the probability of liquidity grabs and manipulation before the real move.
The key area I’m watching is the Fresh H4 Resistance-to-Support Zone. If gold retraces into this zone and forms a clear bearish structure on H1/H4, I’ll be looking for a high-quality sell setup targeting the lower support zones.
However, if gold breaks and holds above the Fresh H4 SBR Zone, the bearish idea becomes weaker and price could continue higher toward the Daily Supply Zone.
🎯 Bias:
Bearish while price remains below the Fresh H4 Resistance-to-Support Zone.
📍 Key Levels:
• Daily Supply Zone: 4435 - 4441
• Fresh H4 Resistance-to-Support Zone: 4413 - 4418
• H1-H4 Support Confluence Zone: 4380 - 4386
• Daily Resistance-to-Support Reclaim Zone: 4363 - 4368
• Weekly Resistance-to-Support Reclaim Zone: 4313 - 4327
💧 Liquidity Areas:
• Buy-side liquidity above the Fresh H4 SBR Zone
• Sell-side liquidity below the H1-H4 Support Confluence Zone
📈 Possible Setup:
Wait for gold to retrace into the Fresh H4 Resistance-to-Support Zone, then look for bearish confirmation on H1/H4 before entering sells toward the lower HTF zones.
❌ Invalidation:
A strong H4 breakout and hold above the Fresh H4 Resistance-to-Support Zone would invalidate the immediate bearish setup.
⚠️ Risk Reminder:
Most HTF zones have been tested multiple times, so expect manipulation. Only take high-quality setups with confirmation.
📰 High Impact News:
• 18 Aug | 08:30 ET | US Housing Starts 🔴
• 19 Aug | 14:00 ET | FOMC Meeting Minutes 🔴
• 20 Aug | 08:30 ET | US Initial Jobless Claims 🔴
August 18, 2026 44
