📊 SMC Analysis – Bullish Projection on GOLD
🔎 Market Observation
Price showed a Change of Character (ChoCH) at the support zone, confirming strong buyer interest. Then it created a new Higher High (HH), validating bullish continuation. Currently, we see a short-term BOS (Break of Structure) that looks more like a healthy retracement than a reversal.
📍 Key Levels
• OB-15M (Order Block 15m): Aligned with the support zone, likely to act as a mitigation point.
• Rejection + Fake Out: Market could create a liquidity sweep before resuming the bullish move.
• Target 3,955: Projection consistent with bullish structure and continuation.
📈 Conclusion
The bullish scenario remains strong: a minor pullback into the OB and support is expected before continuation upward. As long as 3,920 – 3,918 holds, probability of reaching 3,955 is high. GOOD LUCK TRADERS…. ;)
🔎 Market Observation
Price showed a Change of Character (ChoCH) at the support zone, confirming strong buyer interest. Then it created a new Higher High (HH), validating bullish continuation. Currently, we see a short-term BOS (Break of Structure) that looks more like a healthy retracement than a reversal.
📍 Key Levels
• OB-15M (Order Block 15m): Aligned with the support zone, likely to act as a mitigation point.
• Rejection + Fake Out: Market could create a liquidity sweep before resuming the bullish move.
• Target 3,955: Projection consistent with bullish structure and continuation.
📈 Conclusion
The bullish scenario remains strong: a minor pullback into the OB and support is expected before continuation upward. As long as 3,920 – 3,918 holds, probability of reaching 3,955 is high. GOOD LUCK TRADERS…. ;)
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Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni ed i contenuti pubblicati non costituiscono in alcun modo una sollecitazione ad investire o ad operare nei mercati finanziari. Non sono inoltre fornite o supportate da TradingView. Maggiori dettagli nelle Condizioni d'uso.