Gold is attempting to recover after a sharp sell-off, but the M30 structure still favors the bears. Is this the beginning of a reversal, or simply a liquidity grab before another leg lower?
📊 Technical Outlook
The recent bearish impulse broke multiple intraday support levels, confirming sellers remain in control. Price is now forming a short-term bullish retracement after a minor Market Structure Shift (MSS) from the intraday low.
However, this recovery is approaching several key confluence zones:
🔴 4,045 – 4,055: Bearish FVG (first reaction zone)
🔴 4,072 – 4,078: Bearish Order Block
🔴 4,086 – 4,092: HTF Supply + Descending Trendline (major resistance)
As long as price trades below the descending trendline, the broader M30 bias remains bearish.
🎯 Trading Scenarios
📈 Bullish Scenario
Hold above 4,000 – 4,005 demand.
Break and close above 4,055.
Next upside targets: 4,078 → 4,090.
📉 Bearish Scenario (Preferred)
Price rejects from the 4,045–4,055 FVG or 4,072–4,078 Order Block.
Sellers regain control and continue the primary downtrend.
Watch for a retest of 4,000 and potentially new session lows.
💡 Smart Money View
The current rally looks more like a discount-to-premium retracement rather than a confirmed trend reversal. Smart Money often drives price back into FVGs and Order Blocks to rebalance inefficiencies before continuing with the dominant trend.
⚠️ Key Level: 4,045–4,055 will likely determine the next impulsive move.
Do you expect Gold to break the bearish trendline, or will this retracement become another sell opportunity? 👇
📊 Technical Outlook
The recent bearish impulse broke multiple intraday support levels, confirming sellers remain in control. Price is now forming a short-term bullish retracement after a minor Market Structure Shift (MSS) from the intraday low.
However, this recovery is approaching several key confluence zones:
🔴 4,045 – 4,055: Bearish FVG (first reaction zone)
🔴 4,072 – 4,078: Bearish Order Block
🔴 4,086 – 4,092: HTF Supply + Descending Trendline (major resistance)
As long as price trades below the descending trendline, the broader M30 bias remains bearish.
🎯 Trading Scenarios
📈 Bullish Scenario
Hold above 4,000 – 4,005 demand.
Break and close above 4,055.
Next upside targets: 4,078 → 4,090.
📉 Bearish Scenario (Preferred)
Price rejects from the 4,045–4,055 FVG or 4,072–4,078 Order Block.
Sellers regain control and continue the primary downtrend.
Watch for a retest of 4,000 and potentially new session lows.
💡 Smart Money View
The current rally looks more like a discount-to-premium retracement rather than a confirmed trend reversal. Smart Money often drives price back into FVGs and Order Blocks to rebalance inefficiencies before continuing with the dominant trend.
⚠️ Key Level: 4,045–4,055 will likely determine the next impulsive move.
Do you expect Gold to break the bearish trendline, or will this retracement become another sell opportunity? 👇
Сделка закрыта: достигнута тейк-профит цена
+870pip - The CPI increase, as expected, has helped boost gold prices.
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Join Community Gold BMR_MasteTrade:
t.me/+p2iJeq3yBUYyNDJl
t.me/+p2iJeq3yBUYyNDJl
Отказ от ответственности
Информация и публикации не предназначены для предоставления и не являются финансовыми, инвестиционными, торговыми или другими видами советов или рекомендаций, предоставленных или одобренных TradingView. Подробнее читайте в Условиях использования.