Gold $5,000 Roadmap SMC Analysis and What to Expect Next
Gold is stealing the spotlight again. While everyone is talking about crypto, XAU/USD is quietly preparing for a massive move. We’ve seen a lot of noise in the news lately regarding US and Iran relations, which kept the price stable, but the real story is in the charts.
Institutions like J.P. Morgan are already eyeing the $5,000 mark. For us retail traders, we don't just follow the hype ita look for the Smart Money footprint.
Macro Data & The Calendar
Before looking at the candles, we have to respect the data. The upcoming economic calendar for May is packed. Watch those Inflation and Retail Sales numbers closely. If the US Dollar shows any sign of weakness, Emas is ready to teleport higher. But if the data comes out strong, expect a temporary pullback.
The Performance View
Looking at the performance over the last few months, the trend is crystal clear. Gold is consistently trading above the mean. This isn't just a random pump; it is a sustained bullish cycle. We are currently around $4,713, which is a sweet spot for consolidation before the next leg up.
Technical Setup
Let’s get into the meat of the analysis.
Here is what I am seeing on the daily timeframe:
Liquidity Grab keep an eye on the $4,289 area. The market loves to hunt stop losses there before going higher.
The Gap there is a clear Fair Value Gap (grey box) right below the supply zone. I expect the price to fill this imbalance.
Target Zone That red Order Block at $4,850 is the main boss. If we break that, $5,000 is officially on the table.
Final Verdict
I am still bullish on Gold but I’m not jumping in blindly. I’m waiting for a clear Market Structure Shift on the lower timeframes near our key levels.
Trade safe and watch the gaps:)
-----
This article was originally researched and written by me. To maintain transparency across Web3 platforms, please note that a version of this post was first published on my Hive blog (@rizqimaruf). You can find the original Hive post here: https://inleo.io/@rizqimaruf/gold-to-usd5-000-why?referral=rizqimaruf
