1. Market Structure Overview
Price is currently respecting a rising channel, showing a consistent sequence of higher highs – higher lows, but with gradually compressed momentum near the upper boundary and the resistance zone.
Key observations:
- Price is hovering near the upper trendline of the ascending channel.
- The resistance zone is directly above current price, causing hesitation and wicks.
- The chart shows a potential indecision → correction → continuation pattern forming.
This reflects a market preparing for a bullish continuation, but only after a controlled pullback.
2. Expected Scenarios for Today
✓ Primary Scenario – Bullish Retest Before Breakout (High Probability)
Price is likely to:
- Pull back toward the midline/lower edge of the ascending channel (yellow zone).
- Form a higher low within structure.
- Execute a clean retest of the ENTRY ZONE highlighted on your chart.
- Break above the Resistance Zone → Continue toward higher targets.
This matches your projected structure perfectly.
Entry Logic:
- Wait for price to retest the rising trendline and show bullish confirmation.
- The ENTRY ZONE is valid and aligns with trend continuation.
Upside Targets:
- TP1: 4,215–4,225
- TP2: 4,250+
- TP3 (extended): 4,280+ if the breakout is impulsive.
✓ Secondary Scenario – Compression Before Break
If price stays inside the channel and moves sideways:
- Market remains bullish but indecisive.
- This builds liquidity for a stronger breakout later.
- No selling is recommended unless structure breaks.
This scenario still favors bulls—just slower.
3. Trend Bias (Intraday)
The dominant trend is:
➡️ BULLISH – Buy the dip, do NOT chase breakouts
Signs confirming bullish bias:
- Higher lows remain intact.
- Structure respects the ascending channel perfectly.
- Resistance is tested multiple times → weakening.
- Volume spikes on bullish waves, fades on corrections.
4. Professional Conclusion
Gold remains in a strong bullish continuation structure inside the rising channel.
Your ENTRY ZONE is positioned perfectly for a high-quality retest trade.
Plan of Action:
- Wait for the pullback to the trendline.
- Confirm bullish rejection.
- Enter long within the zone.
- Target the liquidity sweep above resistance.
Smart, calculated, high-probability setup. 🔥
Price is currently respecting a rising channel, showing a consistent sequence of higher highs – higher lows, but with gradually compressed momentum near the upper boundary and the resistance zone.
Key observations:
- Price is hovering near the upper trendline of the ascending channel.
- The resistance zone is directly above current price, causing hesitation and wicks.
- The chart shows a potential indecision → correction → continuation pattern forming.
This reflects a market preparing for a bullish continuation, but only after a controlled pullback.
2. Expected Scenarios for Today
✓ Primary Scenario – Bullish Retest Before Breakout (High Probability)
Price is likely to:
- Pull back toward the midline/lower edge of the ascending channel (yellow zone).
- Form a higher low within structure.
- Execute a clean retest of the ENTRY ZONE highlighted on your chart.
- Break above the Resistance Zone → Continue toward higher targets.
This matches your projected structure perfectly.
Entry Logic:
- Wait for price to retest the rising trendline and show bullish confirmation.
- The ENTRY ZONE is valid and aligns with trend continuation.
Upside Targets:
- TP1: 4,215–4,225
- TP2: 4,250+
- TP3 (extended): 4,280+ if the breakout is impulsive.
✓ Secondary Scenario – Compression Before Break
If price stays inside the channel and moves sideways:
- Market remains bullish but indecisive.
- This builds liquidity for a stronger breakout later.
- No selling is recommended unless structure breaks.
This scenario still favors bulls—just slower.
3. Trend Bias (Intraday)
The dominant trend is:
➡️ BULLISH – Buy the dip, do NOT chase breakouts
Signs confirming bullish bias:
- Higher lows remain intact.
- Structure respects the ascending channel perfectly.
- Resistance is tested multiple times → weakening.
- Volume spikes on bullish waves, fades on corrections.
4. Professional Conclusion
Gold remains in a strong bullish continuation structure inside the rising channel.
Your ENTRY ZONE is positioned perfectly for a high-quality retest trade.
Plan of Action:
- Wait for the pullback to the trendline.
- Confirm bullish rejection.
- Enter long within the zone.
- Target the liquidity sweep above resistance.
Smart, calculated, high-probability setup. 🔥
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Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
MY COMMUNITY GROUP FREE SIGNAL
✅ 100% Free — I don’t take a penny from anyone
✅ Free Signal: 4 - 6 signals
✅ Trading Idea / Setup / Technical
✅ JOIN MY COMMUNITY GROUP IN Telegram:
t.me/+2pCKgjf_zxplMmQ1
✅ 100% Free — I don’t take a penny from anyone
✅ Free Signal: 4 - 6 signals
✅ Trading Idea / Setup / Technical
✅ JOIN MY COMMUNITY GROUP IN Telegram:
t.me/+2pCKgjf_zxplMmQ1
Pubblicazioni correlate
Declinazione di responsabilità
Le informazioni e le pubblicazioni non sono intese come, e non costituiscono, consulenza o raccomandazioni finanziarie, di investimento, di trading o di altro tipo fornite o approvate da TradingView. Per ulteriori informazioni, consultare i Termini di utilizzo.
