GOLD 4H: structure broken - phase reversal begins

7 giorni fa

Two key directional signals were recorded on the gold chart: first, a breakdown of the ascending channel, followed by a confident downward exit from the triangle with a clear fixation under the $3297 boundary. Both figures worked independently, but consistently - and strengthened the impulse towards selling.

The price has already gone beyond the lower boundary of the triangle ($3297), confirming the bearish scenario. Candlesticks closing under the level and local consolidation from below is a characteristic formation before the momentum continues.

Technical parameters:
- Channel breakout: completed
- Triangle breakout: $3297 level
- Retest from below: expected as confirmation
- EMAs reversed downwards, structure broken
- Volumes strengthened at the moment of breakout

Tactical plan:
- Sell after retest of $3297
- Targets on the move: $3248 and $3201
- Stop: above $3305 (above the area of false outs).

The current structure indicates the end of the accumulation phase and the beginning of the downward momentum. As long as the price holds below $3297 - shorts are the priority.

l’altro ieri

Trade chiuso: obiettivo raggiunto

$3248