📊 SMC Analysis – Bullish Projection on GOLD
🔎 Market Observation
Price showed a Change of Character (ChoCH) at the support zone, confirming strong buyer interest. Then it created a new Higher High (HH), validating bullish continuation. Currently, we see a short-term BOS (Break of Structure) that looks more like a healthy retracement than a reversal.
📍 Key Levels
• OB-15M (Order Block 15m): Aligned with the support zone, likely to act as a mitigation point.
• Rejection + Fake Out: Market could create a liquidity sweep before resuming the bullish move.
• Target 3,955: Projection consistent with bullish structure and continuation.
📈 Conclusion
The bullish scenario remains strong: a minor pullback into the OB and support is expected before continuation upward. As long as 3,920 – 3,918 holds, probability of reaching 3,955 is high. GOOD LUCK TRADERS…. ;)
🔎 Market Observation
Price showed a Change of Character (ChoCH) at the support zone, confirming strong buyer interest. Then it created a new Higher High (HH), validating bullish continuation. Currently, we see a short-term BOS (Break of Structure) that looks more like a healthy retracement than a reversal.
📍 Key Levels
• OB-15M (Order Block 15m): Aligned with the support zone, likely to act as a mitigation point.
• Rejection + Fake Out: Market could create a liquidity sweep before resuming the bullish move.
• Target 3,955: Projection consistent with bullish structure and continuation.
📈 Conclusion
The bullish scenario remains strong: a minor pullback into the OB and support is expected before continuation upward. As long as 3,920 – 3,918 holds, probability of reaching 3,955 is high. GOOD LUCK TRADERS…. ;)
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Publikasi terkait
Pernyataan Penyangkalan
Informasi dan publikasi ini tidak dimaksudkan, dan bukan merupakan, saran atau rekomendasi keuangan, investasi, trading, atau jenis lainnya yang diberikan atau didukung oleh TradingView. Baca selengkapnya di Ketentuan Penggunaan.