Gold has delivered a strong reaction from the lows, confirming a short-term shift in order flow. Price is now forming higher lows and showing early bullish structure on the intraday timeframe.
The recent consolidation below the NWOG (New Week Opening Gap) suggests accumulation rather than continuation lower. With sell-side pressure failing to push price lower, the market is now positioning for a move higher.
Current Context:
- Rejection from lower levels confirmed
- Price forming higher lows (early bullish structure)
- Consolidation below NWOG acting as a base
Expectation:
- I expect price to continue higher, with the draw on liquidity resting at the buy-side liquidity (BSL) above.
- The “low hanging fruit” above highs remains a key target, making upside the path of least resistance.
Trade Plan:
- Look for minor pullbacks into discount
- Use NWOG / intraday imbalance as support
- Target buy-side liquidity above highs
The recent consolidation below the NWOG (New Week Opening Gap) suggests accumulation rather than continuation lower. With sell-side pressure failing to push price lower, the market is now positioning for a move higher.
Current Context:
- Rejection from lower levels confirmed
- Price forming higher lows (early bullish structure)
- Consolidation below NWOG acting as a base
Expectation:
- I expect price to continue higher, with the draw on liquidity resting at the buy-side liquidity (BSL) above.
- The “low hanging fruit” above highs remains a key target, making upside the path of least resistance.
Trade Plan:
- Look for minor pullbacks into discount
- Use NWOG / intraday imbalance as support
- Target buy-side liquidity above highs
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🎁 Discord (Daily Giveaways):
discord.gg/ZT3CZZUUFX
✨ Use code WISE & get 2 FREE ACCOUNTS on payout:
propfirmwise.com/
discord.gg/ZT3CZZUUFX
✨ Use code WISE & get 2 FREE ACCOUNTS on payout:
propfirmwise.com/
免责声明
这些信息和出版物并非旨在提供，也不构成TradingView提供或认可的任何形式的财务、投资、交易或其他类型的建议或推荐。请阅读使用条款了解更多信息。