1. Market Context
Gold is moving within a corrective structure after the previous strong rally. The current price action revolves around two main zones:
Buy Support Zone 4,197–4,200: where the price continuously reacts, with multiple BoS – ChoCH increases → indicating that buying pressure still maintains the base.
OB Zone – Sell 4.24x: confluence of Fibonacci 0.5 – 0.618 – 0.786, a zone likely to see a decline reaction before forming a larger trend.
The current structure leans towards a recovery to the OB Sell zone, after which the market may continue to adjust deeper to create liquidity before rising again.
2. Important Technical Zones
🔹 Support – Buy Zone: 4,197 – 4,200
This is a strong price base, where BoS + ChoCH continuously form.
Only when breaking below this zone → the short-term uptrend structure weakens.
🔹 OB Zone – Sell: 4,238 – 4,245
Confluence of Fibonacci retracement (0.5–0.618–0.786).
A favorable zone for the market to create a decline reaction, triggering a liquidity sweep to lower lows.
🔹 Strong Low: 4.17x
This is an important low – if the price sweeps here but does not break → expect a strong rebound to higher targets.
3. Trading Scenarios According to Structure
🔸 Scenario 1: Price recovers to OB Sell 4.24x → look for short-term SELL signals
Wait for the price to hit the OB Sell zone and appear:
Strong rejection candle
ChoCH decreases on M15 frame
Volume increases at the peak
Then expect a decline back to the Support Buy zone 4,197–4,205.
Trading idea:
Sell zone 4,238–4,245
Target: 4.20x
If breaking 4.20x deeply → extend to Strong Low 4.17x
🔸 Scenario 2 (high priority): Buy at Support to catch the rise to 4.25x – 4.27x – 4.29x
After completing the decline according to scenario 1, the price may rebound from the strong demand zone.
BUY conditions:
Price sweeps down to 4,197–4,205 or deeper to 4.17x.
Reversal pattern appears + ChoCH increases.
Recreate HL (higher low) structure.
Targets:
TP1: 4,234
TP2: 4,244
TP3: 4,258
Extended TP: 4,276 – 4,299 (Fibo 1.272 – 1.618)
4. Risk Management Notes
Do not chase Buy when the price is in the OB Sell zone – easy to get swept.
Do not Sell deeply when not reaching OB 4.24x zone – price has not entered a nice premium zone.
Always clearly define invalidation levels:
BUY invalid when price closes H1 below 4.17x.
SELL invalid when price breaks strongly above 4,245 and holds.
Gold is moving within a corrective structure after the previous strong rally. The current price action revolves around two main zones:
Buy Support Zone 4,197–4,200: where the price continuously reacts, with multiple BoS – ChoCH increases → indicating that buying pressure still maintains the base.
OB Zone – Sell 4.24x: confluence of Fibonacci 0.5 – 0.618 – 0.786, a zone likely to see a decline reaction before forming a larger trend.
The current structure leans towards a recovery to the OB Sell zone, after which the market may continue to adjust deeper to create liquidity before rising again.
2. Important Technical Zones
🔹 Support – Buy Zone: 4,197 – 4,200
This is a strong price base, where BoS + ChoCH continuously form.
Only when breaking below this zone → the short-term uptrend structure weakens.
🔹 OB Zone – Sell: 4,238 – 4,245
Confluence of Fibonacci retracement (0.5–0.618–0.786).
A favorable zone for the market to create a decline reaction, triggering a liquidity sweep to lower lows.
🔹 Strong Low: 4.17x
This is an important low – if the price sweeps here but does not break → expect a strong rebound to higher targets.
3. Trading Scenarios According to Structure
🔸 Scenario 1: Price recovers to OB Sell 4.24x → look for short-term SELL signals
Wait for the price to hit the OB Sell zone and appear:
Strong rejection candle
ChoCH decreases on M15 frame
Volume increases at the peak
Then expect a decline back to the Support Buy zone 4,197–4,205.
Trading idea:
Sell zone 4,238–4,245
Target: 4.20x
If breaking 4.20x deeply → extend to Strong Low 4.17x
🔸 Scenario 2 (high priority): Buy at Support to catch the rise to 4.25x – 4.27x – 4.29x
After completing the decline according to scenario 1, the price may rebound from the strong demand zone.
BUY conditions:
Price sweeps down to 4,197–4,205 or deeper to 4.17x.
Reversal pattern appears + ChoCH increases.
Recreate HL (higher low) structure.
Targets:
TP1: 4,234
TP2: 4,244
TP3: 4,258
Extended TP: 4,276 – 4,299 (Fibo 1.272 – 1.618)
4. Risk Management Notes
Do not chase Buy when the price is in the OB Sell zone – easy to get swept.
Do not Sell deeply when not reaching OB 4.24x zone – price has not entered a nice premium zone.
Always clearly define invalidation levels:
BUY invalid when price closes H1 below 4.17x.
SELL invalid when price breaks strongly above 4,245 and holds.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.
면책사항
해당 정보와 게시물은 금융, 투자, 트레이딩 또는 기타 유형의 조언이나 권장 사항으로 간주되지 않으며, 트레이딩뷰에서 제공하거나 보증하는 것이 아닙니다. 자세한 내용은 이용 약관을 참조하세요.