New week opens with volatility as price sweeps last week’s low and reacts strongly off the level.
Currently, price is trading back inside range, with key resistance at the Previous Daily High (4826.2).
Key Observations:
Liquidity taken below last week’s low
Strong reaction, but no confirmed bullish continuation yet
Price sitting back inside value → potential for rotation
Game Plan:
Bullish above 4826.2 with acceptance and continuation
Rejection at PDH opens door for range rotation back lower
Remaining patient while price develops structure
No need to predict — waiting for confirmation.
#GC #Gold #Futures #PriceAction #TradingView
Currently, price is trading back inside range, with key resistance at the Previous Daily High (4826.2).
Key Observations:
Liquidity taken below last week’s low
Strong reaction, but no confirmed bullish continuation yet
Price sitting back inside value → potential for rotation
Game Plan:
Bullish above 4826.2 with acceptance and continuation
Rejection at PDH opens door for range rotation back lower
Remaining patient while price develops structure
No need to predict — waiting for confirmation.
#GC #Gold #Futures #PriceAction #TradingView
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Publicaciones relacionadas
Exención de responsabilidad
La información y las publicaciones no constituyen, ni deben considerarse como, asesoramiento o recomendaciones financieras, de inversión, de trading u otro tipo, proporcionadas o respaldadas por TradingView. Obtenga más información en Condiciones de uso.