So here’s the scene, XAUUSD aka Gold gave us a beautifully dramatic daily bar on March 3rd, 2026. During that session:
- High: 5382
- Low: 4995
- Close: 5088
Nice volatility. Gold clearly chose violence. Now let’s zoom in to the 30m Timeframe.
The 15:02 UTC candle on March 3rd, 2026 appears to be a Selling Climax (SC). Big emotional dump. After that, we got the classic Automatic Rally (AR) — because of course, markets love emotional overreactions.
- AR High: 5136
- Secondary Test (ST): 5063–5060
The ST confirmed a CHoCH (Change of Character). After that, price slightly broke the AR high and printed a new high at 5152, only to reverse and form a beautiful little Two-Bar Reversal. Because why not trap both sides?
Welcome to Phase B. The playground of confusion.
Bullish Scenario – XAUUSD

- Creek = 5152
- ICE = 4995
- We are in Phase B
If price breaks above 5152, holds, and gives us a proper Test — that confirms SOS (Sign of Strength). And that likely leads to a Markup on M30. Simple. Clean. Logical.
But markets don’t like being simple.
Alternative Bullish Scenario:
If price drops toward ICE (4995) without breaking the Creek first, forms a proper Spring, followed by a Test — that would be Phase C accumulation. After that? Price should Jump Across the Creek, test it, and then start Markup in Phase D. Basically: shake everyone out below… then send it north. Classic Wyckoff drama.
Bearish Scenario – XAUUSD
Since we’re still in Phase B on M30, if price wants to go lower properly, then according to the method:
Price should fake breakout above the Creek (5152), form a UTAD (Upthrust After Distribution), followed by a Test. That would confirm Phase C of redistribution. Then Phase D should break the ICE (4995) and start Markdown.
Translation: Trap breakout buyers above 5152… then send it straight down. Because liquidity must be served.
TL;DR
- Above 5152 + Test = Bullish SOS → Markup.
- Spring near 4995 + Test = Bullish Phase C → Jump → Markup.
- Fake breakout above 5152 (UTAD) + Test = Bearish → Break 4995 → Markdown.
In short: Gold is currently in Phase B — which means confusion, fakeouts, and emotional damage for impatient traders.
Disclaimer
This is not financial advice. Just me vibing with charts and sipping chai. If Gold does the exact opposite of this analysis, please do not blame me — blame liquidity providers, smart money, market makers, central banks, your broker, or your own FOMO.
Trade safe. Or at least trade consciously.
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[…] guys, here’s the updated scene, on March 4, 2026, XAUUSD aka Gold has already printed a High around 5206, a Low around 5083, and is currently trading near 5114. (Please note: By the time I took the […]