Gold just did exactly what it needed to do. That dump into 3,987 wasn't random weakness, it was a clean sweep of sell-side liquidity sitting below the range, and now price is starting to turn.
Here's the read: that whole drop from 4,350 down was a textbook bearish leg, BOS then ChoCH then BOS again inside the descending channel. But once it grabbed the 3,987 low, the character shifted. First bullish reaction candles are showing up on the lower timeframe, which tells me smart money got what it wanted down there and is ready to push price back up into premium before continuing.
My focus zone is 4,075–4,100, the unmitigated bearish order block. I want to see price retrace into that area, get the reaction, and confirm before looking for continuation higher. First stop is 4,125, the intraday draw. If that breaks clean, 4,236 is the real magnet, that's where the heavier resting liquidity is sitting on the higher timeframe.
This only stays valid above 3,987. A close back below that and the sweep idea is dead, that would mean sellers aren't done and the range just gets one more leg down instead of a reversal.
Patient here, let the OB do its job. Anyone else watching this retrace into the 4,075 zone right now?
Here's the read: that whole drop from 4,350 down was a textbook bearish leg, BOS then ChoCH then BOS again inside the descending channel. But once it grabbed the 3,987 low, the character shifted. First bullish reaction candles are showing up on the lower timeframe, which tells me smart money got what it wanted down there and is ready to push price back up into premium before continuing.
My focus zone is 4,075–4,100, the unmitigated bearish order block. I want to see price retrace into that area, get the reaction, and confirm before looking for continuation higher. First stop is 4,125, the intraday draw. If that breaks clean, 4,236 is the real magnet, that's where the heavier resting liquidity is sitting on the higher timeframe.
This only stays valid above 3,987. A close back below that and the sweep idea is dead, that would mean sellers aren't done and the range just gets one more leg down instead of a reversal.
Patient here, let the OB do its job. Anyone else watching this retrace into the 4,075 zone right now?
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⚜️ Daily 4 - 6 Swing SIGNALS
⚜️ Daily 9 - 15 Scalping SIGNALS
⚜️ SMC - ICT | Document and Real Trade Logic
⚜️ Forex & Crypto & Gold | SIGNALS
Join here: t.me/+7toh_D6B6ew5MWQ1
⚜️ Daily 9 - 15 Scalping SIGNALS
⚜️ SMC - ICT | Document and Real Trade Logic
⚜️ Forex & Crypto & Gold | SIGNALS
Join here: t.me/+7toh_D6B6ew5MWQ1
相关出版物
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。
