DEMAND / SUPPORT AND RESISTANCE / PRICE ACTION
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✅Gold managed to create a New All-Time High(ATH) at the beginning of the week.
🏃♂️Currently, Gold is moving near the 🔴PDH previous day high 🔴.
🌊According to the SMC / LIQUIDITY concept, when gold market has taken all the sell side liquidity, once the sell side liquidity has been taken completely then market will move further according to the direction of the trend.
💡Also, we can see Regular Divergence(RD) between two Consecutive Peaks.
🔔I expect Gold to continue falling to at least the 🟢Demand zone(2500 - 2496)🟢.
Gold Analyze ( XAUUSD ), 30-min time frame ⏰.
Do not forget to put Stop loss for your positions.
This is just my analyze or prediction.
🏃♂️Currently, Gold is moving near the 🔴PDH previous day high 🔴.
🌊According to the SMC / LIQUIDITY concept, when gold market has taken all the sell side liquidity, once the sell side liquidity has been taken completely then market will move further according to the direction of the trend.
💡Also, we can see Regular Divergence(RD) between two Consecutive Peaks.
🔔I expect Gold to continue falling to at least the 🟢Demand zone(2500 - 2496)🟢.
Gold Analyze ( XAUUSD ), 30-min time frame ⏰.
Do not forget to put Stop loss for your positions.
This is just my analyze or prediction.
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