(Gold, 1H), structure is bearish with a clear descending trendline + supply zone rejection.
Key observations:
Price rejected the red supply zone (~4,650–4,680)
Lower highs are intact
Weak bounce, no strong bullish continuation
Down arrow already aligns with structure
🎯 Bearish Targets:
First target: 4,560 (recent minor support / reaction zone)
Main target: 4,520 (my marked grey demand zone)
Extended target: 4,480 (if 4,520 breaks cleanly)
❗ Invalidation:
Break and close above 4,650–4,680 zone → bearish idea weakens
Summary:
Bias stays sell-side unless price breaks supply.
Most probable move: push down into 4,520 zone, possible liquidity sweep there.
Key observations:
Price rejected the red supply zone (~4,650–4,680)
Lower highs are intact
Weak bounce, no strong bullish continuation
Down arrow already aligns with structure
🎯 Bearish Targets:
First target: 4,560 (recent minor support / reaction zone)
Main target: 4,520 (my marked grey demand zone)
Extended target: 4,480 (if 4,520 breaks cleanly)
❗ Invalidation:
Break and close above 4,650–4,680 zone → bearish idea weakens
Summary:
Bias stays sell-side unless price breaks supply.
Most probable move: push down into 4,520 zone, possible liquidity sweep there.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
Publications connexes
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.