Hey traders and investors!
Daily Timeframe
Market phase : sideways. Seller's initiative.
Boundaries marked with black lines.
Gold followed an alternative scenario from the previous review toward 3435. The buyer played out the 8-9 vector of the range on the daily timeframe, and now the initiative has shifted to the seller. The seller's targets are 3245 and 3201 — areas to watch for potential buy patterns aiming for a new ATH. The price might get stuck in the 3293–3271 zone. If a strong buyer reaction occurs, a reversal may happen in this range.
The ideal area to look for buy patterns is around 3201.
Selling is risky.
This analysis is based on the Initiative Analysis concept (IA).
Wishing you profitable trades!
Daily Timeframe
Market phase : sideways. Seller's initiative.
Boundaries marked with black lines.
Gold followed an alternative scenario from the previous review toward 3435. The buyer played out the 8-9 vector of the range on the daily timeframe, and now the initiative has shifted to the seller. The seller's targets are 3245 and 3201 — areas to watch for potential buy patterns aiming for a new ATH. The price might get stuck in the 3293–3271 zone. If a strong buyer reaction occurs, a reversal may happen in this range.
The ideal area to look for buy patterns is around 3201.
Selling is risky.
This analysis is based on the Initiative Analysis concept (IA).
Wishing you profitable trades!
Wishing you profitable trades!
Clarity on the Chart. Smart Trading Decisions.
No signals. Just clean structure and context t.me/user_friendly_trading
Clarity on the Chart. Smart Trading Decisions.
No signals. Just clean structure and context t.me/user_friendly_trading
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.
Wishing you profitable trades!
Clarity on the Chart. Smart Trading Decisions.
No signals. Just clean structure and context t.me/user_friendly_trading
Clarity on the Chart. Smart Trading Decisions.
No signals. Just clean structure and context t.me/user_friendly_trading
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.