Gold is trading inside a clear ascending channel and approaching a major seller zone near the upper trendline. The chart shows multiple ChoCH & BOS confirmations, signaling weakening bullish momentum as price nears resistance.
📊 Market Analysis
Price is respecting the rising channel structure.
Strong resistance/seller zone is visible around the upper boundary.
Bearish reaction is expected if price rejects from the highlighted supply area.
The projected move suggests a pullback toward the lower support zone before the next major decision.
🎯 Bearish Targets
🔻 TP1: 4,688
🔻 TP2: 4,676
🔻 TP3: 4,662 (Major Support Area)
⚠️ Invalidation
A strong breakout and candle close above the seller zone could continue bullish momentum higher.
🧠 Trading Idea
📌 Sell the rally from resistance
📌 Watch for bearish confirmation candles inside the seller zone
📌 Manage risk carefully around trendline breakouts
🚨📉🐻 “Liquidity often gets taken near the highs before the real move begins.”
📊 Market Analysis
Price is respecting the rising channel structure.
Strong resistance/seller zone is visible around the upper boundary.
Bearish reaction is expected if price rejects from the highlighted supply area.
The projected move suggests a pullback toward the lower support zone before the next major decision.
🎯 Bearish Targets
🔻 TP1: 4,688
🔻 TP2: 4,676
🔻 TP3: 4,662 (Major Support Area)
⚠️ Invalidation
A strong breakout and candle close above the seller zone could continue bullish momentum higher.
🧠 Trading Idea
📌 Sell the rally from resistance
📌 Watch for bearish confirmation candles inside the seller zone
📌 Manage risk carefully around trendline breakouts
🚨📉🐻 “Liquidity often gets taken near the highs before the real move begins.”
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join my telegram channel free
t.me/Pips_Profit_67
t.me/Pips_Profit_67
Daily 300+pips profits
weekly 2000+pips profit
High accuracy signals with double conformation
t.me/Pips_Profit_67
t.me/Pips_Profit_67
Daily 300+pips profits
weekly 2000+pips profit
High accuracy signals with double conformation
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.