Gold tapped into a refined LTF demand pocket and instantly showed rejection, indicating buyers are stepping in exactly where they should. This aligns well with the ongoing HTF bullish bias and maintains the broader structure intact.
The strong wick + immediate reclaim of the micro-range suggests absorption and willingness to push higher if structure follows through.
Bullish Path:
• Tap into LTF demand
• Rejection + recovery inside the zone
• Micro structure shift
• Expansion toward the next HTF imbalance
The strong wick + immediate reclaim of the micro-range suggests absorption and willingness to push higher if structure follows through.
Bullish Path:
• Tap into LTF demand
• Rejection + recovery inside the zone
• Micro structure shift
• Expansion toward the next HTF imbalance
Trade active
Booked my first partial....SL at BENote
Trail your Sl to 4204.990Note
Took another partialTrade closed manually
I am closing this one as it is chopping in M1...had a long day so enough for meTechnically still looking sound tho..I am just being impatient here
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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.