Gold is setting up for what could be the most aggressive leg lower in this entire bearish move.
The HTF downtrend remains fully intact. Price is now approaching a key IRL zone — the daily Breaker + FVG confluence sitting just above current price around 4,360-4,400.
The setup I am watching — a PDH sweep into this zone. Price taps the Breaker + FVG in premium, sweeps the previous day high liquidity, then aggressively rejects and delivers lower.
That would be the classic IRL confirmation before the final ERL delivery.
The target remains unchanged — ERL at 4,098. That level has been my target since the weekly FVG rejection at 4,589 weeks ago. The narrative has been consistent throughout and the downtrend is accelerating.
DXY strength continuing to press metals lower. Gold, Silver — both in alignment with the same bearish thesis.
If this PDH sweep and Breaker rejection plays out this week — the move to 4,098 could be fast and aggressive.
Bias: Bearish
IRL: Daily Breaker + FVG + PDH sweep zone 4,360-4,400
Target ERL: 4,098
Invalidation: Daily close above the Breaker + FVG zone
Not financial advice — just my analysis.
The HTF downtrend remains fully intact. Price is now approaching a key IRL zone — the daily Breaker + FVG confluence sitting just above current price around 4,360-4,400.
The setup I am watching — a PDH sweep into this zone. Price taps the Breaker + FVG in premium, sweeps the previous day high liquidity, then aggressively rejects and delivers lower.
That would be the classic IRL confirmation before the final ERL delivery.
The target remains unchanged — ERL at 4,098. That level has been my target since the weekly FVG rejection at 4,589 weeks ago. The narrative has been consistent throughout and the downtrend is accelerating.
DXY strength continuing to press metals lower. Gold, Silver — both in alignment with the same bearish thesis.
If this PDH sweep and Breaker rejection plays out this week — the move to 4,098 could be fast and aggressive.
Bias: Bearish
IRL: Daily Breaker + FVG + PDH sweep zone 4,360-4,400
Target ERL: 4,098
Invalidation: Daily close above the Breaker + FVG zone
Not financial advice — just my analysis.
Trade chiuso: obiettivo raggiunto
Beautifully executed - secured some holding 25% of my position till full tp. Well done if you took it Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
