On the daily chart, gold remains in a transitional phase following a period of consolidation, with sellers holding local control. Last week, price moved below the lower boundary of the range. The main traded volume was concentrated between 4,215 and 4,080.
At the beginning of this week, buyers attempted to push price back into the range but failed to break above 4,363.720. Sellers then regained control and moved price back below the range boundary.
The key point is the volume distribution. Price has returned to the 4,215–4,080 area, but comparable volume has not yet developed there this week. This does not confirm price acceptance from the buyers. However, Friday was a shortened US trading session, so Monday and Tuesday may provide a clearer picture.
For a long scenario, price should avoid acceptance below 4,068 and begin building volume inside last week’s volume cluster. A conservative long setup would make more sense only after price holds above 4,382.615. For now, there is no clear basis for buying.
Profitable trades!
This analysis is based on the Initiative Analysis (IA) method.
At the beginning of this week, buyers attempted to push price back into the range but failed to break above 4,363.720. Sellers then regained control and moved price back below the range boundary.
The key point is the volume distribution. Price has returned to the 4,215–4,080 area, but comparable volume has not yet developed there this week. This does not confirm price acceptance from the buyers. However, Friday was a shortened US trading session, so Monday and Tuesday may provide a clearer picture.
For a long scenario, price should avoid acceptance below 4,068 and begin building volume inside last week’s volume cluster. A conservative long setup would make more sense only after price holds above 4,382.615. For now, there is no clear basis for buying.
Profitable trades!
This analysis is based on the Initiative Analysis (IA) method.
Clarity on the Chart. Smart Trading Decisions
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Clarity on the Chart. Smart Trading Decisions
免責事項
これらの情報および投稿は、TradingViewが提供または承認する金融、投資、取引、またはその他の種類の助言もしくは推奨であることを意図したものではなく、またこれらに該当するものでもありません。詳細は利用規約をご覧ください。