XAU/USD GOLD — 15M CHART ANALYSIS
BEARISH BIAS 🔴
Market Structure: Gold experienced a strong bearish displacement from 3960, followed by a corrective bullish retracement. Price is now consolidating below the major supply zone.
Key Technical Strategies:
* SMC & ICT: Bearish market structure with potential continuation.
* BOS: Previous support breakdown confirms bearish momentum.
* CHoCH: Watch for bearish structure shift after the retracement.
* Supply Zone: 3915–3928 is a strong resistance area.
* Order Block: Potential bearish selling zone around 3915–3920.
* FVG: Look for price to mitigate the imbalance before rejection.
* Liquidity Sweep: Buy-side liquidity above recent highs could be collected before a drop.
* Trendline & Price Action: Rejection from resistance may confirm downside continuation.
* Fibonacci: Retracement into resistance could offer a potential selling opportunity.
Important Levels:
* Resistance: 3915–3928
* Current Price: 3903.71
* Support: 3890–3870
* Major Target: 3835
Final Outlook: If Gold sweeps liquidity above 3915 and confirms bearish rejection with a 15M CHoCH/BOS, downside continuation toward 3870 and potentially 3835 becomes possible.
⚠️ Wait for confirmation before entering. EMA, VWAP and volume signals cannot be verified from this screenshot alone.
BEARISH BIAS 🔴
Market Structure: Gold experienced a strong bearish displacement from 3960, followed by a corrective bullish retracement. Price is now consolidating below the major supply zone.
Key Technical Strategies:
* SMC & ICT: Bearish market structure with potential continuation.
* BOS: Previous support breakdown confirms bearish momentum.
* CHoCH: Watch for bearish structure shift after the retracement.
* Supply Zone: 3915–3928 is a strong resistance area.
* Order Block: Potential bearish selling zone around 3915–3920.
* FVG: Look for price to mitigate the imbalance before rejection.
* Liquidity Sweep: Buy-side liquidity above recent highs could be collected before a drop.
* Trendline & Price Action: Rejection from resistance may confirm downside continuation.
* Fibonacci: Retracement into resistance could offer a potential selling opportunity.
Important Levels:
* Resistance: 3915–3928
* Current Price: 3903.71
* Support: 3890–3870
* Major Target: 3835
Final Outlook: If Gold sweeps liquidity above 3915 and confirms bearish rejection with a 15M CHoCH/BOS, downside continuation toward 3870 and potentially 3835 becomes possible.
⚠️ Wait for confirmation before entering. EMA, VWAP and volume signals cannot be verified from this screenshot alone.
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.