Gold has rallied strongly after confirming a Break of Structure (BOS) above the key rejection area, indicating bullish momentum in the short term. Price is currently trading inside a significant demand zone, where market participants will be watching closely for the next directional move.
A successful rejection from the demand zone could provide the liquidity needed for another push higher, potentially targeting the buy-side liquidity resting above the recent highs. However, if price fails to hold this area and breaks below the demand zone, a retracement toward the previous rejection level around 4040 becomes more likely.
Key Levels:
Demand Zone: 4070 – 4083
Resistance / Buy-Side Liquidity: 4103
Support / Rejection Area: 4040
Bias: Bullish while above the demand zone, bearish on a confirmed breakdown below support.
Trade with proper risk management and wait for confirmation before entering any position.
Education post only not for financial advice
A successful rejection from the demand zone could provide the liquidity needed for another push higher, potentially targeting the buy-side liquidity resting above the recent highs. However, if price fails to hold this area and breaks below the demand zone, a retracement toward the previous rejection level around 4040 becomes more likely.
Key Levels:
Demand Zone: 4070 – 4083
Resistance / Buy-Side Liquidity: 4103
Support / Rejection Area: 4040
Bias: Bullish while above the demand zone, bearish on a confirmed breakdown below support.
Trade with proper risk management and wait for confirmation before entering any position.
Education post only not for financial advice
Transaction en cours
Trade fermée: ordre d’arrêt atteint
Risk was managed as planned. This setup didn't play out, but discipline remains the priority. Waiting for the next opportunityeducation post only, not financial advise
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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.