Technical Overview
Gold is currently displaying a clear bearish shift in market structure on the 1H timeframe after a significant sweep of liquidity at the recent highs. Following a period of distribution (marked by the purple RANGE), price experienced a sharp MSS (Market Structure Shift) and subsequent CHOCH (Change of Character), signaling that the bulls have lost control.
Key Technical Factors
Supply Rejection: Price has reached into a high-probability 4H-OB (Order Block) and is showing immediate signs of rejection.
Imbalance: A clear H4-FVG (Fair Value Gap) sits just below the supply zone, acting as a magnet for price to rebalance before a potential continuation lower.
Market Structure: Multiple BREAKOUT points to the upside were liquidated, followed by a breakdown. The current price action suggests a "Return to Impulse" before the next leg down.
Trading Plan
We are looking for two primary bearish scenarios based on the current price action:
Direct Rejection: A continuation lower from the current level, targeting the previous swing lows.
The FVG Mitigation: A minor retracement into the H4-FVG (gray zone) to fill the remaining liquidity before the anticipated drop (blue arrow projection).
Point of Interest (POI): 4,810 – 4,830
Primary Target: 4,775 (Recent Lows)
Extended Target: 4,750
Risk Management
Maintain a strict stop loss above the 4H-OB high to invalidate the bearish thesis. Monitor the dollar index (DXY) for additional confluence during the New York session.
Gold is currently displaying a clear bearish shift in market structure on the 1H timeframe after a significant sweep of liquidity at the recent highs. Following a period of distribution (marked by the purple RANGE), price experienced a sharp MSS (Market Structure Shift) and subsequent CHOCH (Change of Character), signaling that the bulls have lost control.
Key Technical Factors
Supply Rejection: Price has reached into a high-probability 4H-OB (Order Block) and is showing immediate signs of rejection.
Imbalance: A clear H4-FVG (Fair Value Gap) sits just below the supply zone, acting as a magnet for price to rebalance before a potential continuation lower.
Market Structure: Multiple BREAKOUT points to the upside were liquidated, followed by a breakdown. The current price action suggests a "Return to Impulse" before the next leg down.
Trading Plan
We are looking for two primary bearish scenarios based on the current price action:
Direct Rejection: A continuation lower from the current level, targeting the previous swing lows.
The FVG Mitigation: A minor retracement into the H4-FVG (gray zone) to fill the remaining liquidity before the anticipated drop (blue arrow projection).
Point of Interest (POI): 4,810 – 4,830
Primary Target: 4,775 (Recent Lows)
Extended Target: 4,750
Risk Management
Maintain a strict stop loss above the 4H-OB high to invalidate the bearish thesis. Monitor the dollar index (DXY) for additional confluence during the New York session.
📊 Professional Forex & Gold Analyst | Trading pure price action and high-probability market structure. Daily 4–5 quality trade setups with disciplined risk management. Join: t.me/+NJDp2aIM3QphYWNk| Contact: @fx_martin9
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📊 Professional Forex & Gold Analyst | Trading pure price action and high-probability market structure. Daily 4–5 quality trade setups with disciplined risk management. Join: t.me/+NJDp2aIM3QphYWNk| Contact: @fx_martin9
免責聲明
這些資訊和出版物並非旨在提供,也不構成TradingView提供或認可的任何形式的財務、投資、交易或其他類型的建議或推薦。請閱讀使用條款以了解更多資訊。
