Market Structure Breakdown (45-min Timeframe)
Overall Structure:
Gold is in a short-term descending channel (red trendlines) — bearish market structure on this timeframe.
Price has been making lower highs and lower lows since the recent high.
Key Levels
Demand Floor (Green Line): 3,960 – 3,985 (critical support zone). This is the area to watch for a potential bounce.
Supply Roof (Red Line): 4,025 – 4,055 (immediate resistance).
Descending Trendline: Acting as dynamic resistance.
Current Price Action:
Gold is consolidating inside the descending channel.
The structure shows repeated rejections from the red supply roof.
Recent candles show some buying interest near the lower channel, but sellers are still in control.
Strategy Outlook:
Bearish Bias while price remains below the red supply roof and the descending trendline.
If buyers fail to defend the 3,960 – 3,985 demand floor, expect a sweep lower toward 3,930 – 3,900.
Bullish validation: Strong break and close above 4,025 – 4,055 with momentum 4100-4070-COULD BE SELL ZONE , BASED ON THE STRUCTURE.
Overall Structure:
Gold is in a short-term descending channel (red trendlines) — bearish market structure on this timeframe.
Price has been making lower highs and lower lows since the recent high.
Key Levels
Demand Floor (Green Line): 3,960 – 3,985 (critical support zone). This is the area to watch for a potential bounce.
Supply Roof (Red Line): 4,025 – 4,055 (immediate resistance).
Descending Trendline: Acting as dynamic resistance.
Current Price Action:
Gold is consolidating inside the descending channel.
The structure shows repeated rejections from the red supply roof.
Recent candles show some buying interest near the lower channel, but sellers are still in control.
Strategy Outlook:
Bearish Bias while price remains below the red supply roof and the descending trendline.
If buyers fail to defend the 3,960 – 3,985 demand floor, expect a sweep lower toward 3,930 – 3,900.
Bullish validation: Strong break and close above 4,025 – 4,055 with momentum 4100-4070-COULD BE SELL ZONE , BASED ON THE STRUCTURE.
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。
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。
