📉 GOLD – Bearish Continuation Confirmed
After a clear Train Line breakout and rejection at the resistance zone, price action aligns perfectly with the bearish scenario we anticipated.
Key Points:
1. Train Line Breakout – The downward break confirmed bearish momentum.
2. SMA Confirmation – Price is trading below the moving average, adding confluence to the downside bias.
3. Market Structure – Double Change of Character (ChoCh) and multiple Break of Structure (BOS) confirm the shift from accumulation to distribution.
4. Manipulation Phase – The recent fake out provided liquidity for institutions to push price lower.
5. Targets –
• First: Mitigate the 1H Fair Value Gap.
• Second: Continue to the distribution zone near 3,323 – 3,316.
Conclusion:
This is no longer a corrective move — we are now in the expansion phase of the bearish cycle, aiming to complete liquidity grabs and mitigate inefficiencies before seeking deeper lows.
TRADERS GOOD LUCK… ;)
After a clear Train Line breakout and rejection at the resistance zone, price action aligns perfectly with the bearish scenario we anticipated.
Key Points:
1. Train Line Breakout – The downward break confirmed bearish momentum.
2. SMA Confirmation – Price is trading below the moving average, adding confluence to the downside bias.
3. Market Structure – Double Change of Character (ChoCh) and multiple Break of Structure (BOS) confirm the shift from accumulation to distribution.
4. Manipulation Phase – The recent fake out provided liquidity for institutions to push price lower.
5. Targets –
• First: Mitigate the 1H Fair Value Gap.
• Second: Continue to the distribution zone near 3,323 – 3,316.
Conclusion:
This is no longer a corrective move — we are now in the expansion phase of the bearish cycle, aiming to complete liquidity grabs and mitigate inefficiencies before seeking deeper lows.
TRADERS GOOD LUCK… ;)
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.
כתב ויתור
המידע והפרסומים אינם אמורים להיות, ואינם מהווים, עצות פיננסיות, השקעות, מסחר או סוגים אחרים של עצות או המלצות שסופקו או מאושרים על ידי TradingView. קרא עוד בתנאים וההגבלות.