KenKem MVP — XAUUSD US session scenario map (2026-08-19 12:00 UTGoldOANDA:XAUUSDkenkemdayfxXAUUSD — US session read from my KenKem Master Volume Profile (MVP) indicator & strategy. CONTEXT The US session opens at 12:30 UTC. Gold sold off from the 4406 area down to 4324 and has ground back up through Asia and Europe, stalling at 4374.2. Price at 4362.9 is compressed just under the M15 200 EMA and still above VWAP at 4349.9, with the M15 EMAs stacked bearish and short-term momentum rolling over into the open. KEY ZONES • Resistance / supply: 4371.5 (M15 200 EMA), then 4374.5 (value area high) • Support / demand: 4358.7 (M5 100/200 EMA cluster), then 4353.5 • Point of Control (volume magnet): 4357 on the lower timeframe, 4395 on the master profile overhead SCENARIOS (to watch — NOT signals) 📈 Bullish: a close above 4371.5 opens room toward 4374.5, and above that volume thins out toward 4395. The value area high currently reads flat, so it is a breakable ceiling rather than a defended one. 📉 Bearish: losing 4358.7 opens 4357, then 4353.5 and VWAP 4349.9. Lower highs from 4374.2 and the prior swing low already gone. ↔️ Range/unclear: stuck between 4357 and 4374.5, stand aside until a decisive close. ⛔ Invalidation: a close beyond 4374.5 above, or 4349.9 below, voids this map. WHAT THE MVP TOOL IS SHOWING The Master Volume Profile plots rolling value areas (VAH/VAL), the Point of Control, and a net-volume pressure read to locate where volume is building or drying up. This idea is the qualitative output of that tool; the strategy's internal thresholds, gating and entry/exit logic are not disclosed. Built with the KenKem Master Volume Profile indicator & strategy. Technical analysis only, by KenKem's algorithm — NOT financial advice. Trade your own plan and manage your risk.