⚠️ Disruption & Analytical Weaknesses:
1. Support Zone Already Broken (Wick Penetration):
The candlestick wick clearly pierced the support level drawn on the chart.
This indicates that buyers are weak at that level — the support is not holding firmly.
Relying on this support for a bullish bias is risky, as it may soon turn into resistance.
2. Volume Confirms Weakness, Not Strength:
The bounce from the support zone happens on low or declining volume, suggesting lack of strong buying interest.
A legitimate bullish reversal should be backed by a volume surge — here, that’s absent.
3. False Sense of Recovery:
The analysis shows arrows projecting straight up to the “Target” level, implying a smooth bullish recovery.
This is unrealistic given the recent choppy price action and repeated failures to hold gains above 107,200.
Price action suggests uncertainty or distribution, not clean bullish momentum.
4. Tight Range and High Volatility Ignored:
Price has been ranging between ~106,400 and ~107,600 with rapid whipsaws.
This kind of structure is often indicative of indecision, and setting a clear directional target without breakout confirmation is premature
1. Support Zone Already Broken (Wick Penetration):
The candlestick wick clearly pierced the support level drawn on the chart.
This indicates that buyers are weak at that level — the support is not holding firmly.
Relying on this support for a bullish bias is risky, as it may soon turn into resistance.
2. Volume Confirms Weakness, Not Strength:
The bounce from the support zone happens on low or declining volume, suggesting lack of strong buying interest.
A legitimate bullish reversal should be backed by a volume surge — here, that’s absent.
3. False Sense of Recovery:
The analysis shows arrows projecting straight up to the “Target” level, implying a smooth bullish recovery.
This is unrealistic given the recent choppy price action and repeated failures to hold gains above 107,200.
Price action suggests uncertainty or distribution, not clean bullish momentum.
4. Tight Range and High Volatility Ignored:
Price has been ranging between ~106,400 and ~107,600 with rapid whipsaws.
This kind of structure is often indicative of indecision, and setting a clear directional target without breakout confirmation is premature
t.me/gold_free_signals1
𝙁𝙤𝙧𝙚𝙭 𝙩𝙧𝙖𝙙𝙞𝙣𝙜 𝙚𝙭𝙥𝙚𝙧𝙞𝙚𝙣𝙘𝙚 𝙩𝙚𝙖𝙢 ☺️ 𝙢𝙖𝙣𝙖𝙜𝙚 𝙮𝙤𝙪𝙧 𝙖𝙘𝙘𝙤𝙪𝙣𝙩 𝙢𝙖𝙠𝙞𝙣𝙜 𝙢𝙤𝙣𝙚𝙮 🤑💰
t.me/gold_free_signals1
𝙁𝙤𝙧𝙚𝙭 𝙩𝙧𝙖𝙙𝙞𝙣𝙜 𝙚𝙭𝙥𝙚𝙧𝙞𝙚𝙣𝙘𝙚 𝙩𝙚𝙖𝙢 ☺️ 𝙢𝙖𝙣𝙖𝙜𝙚 𝙮𝙤𝙪𝙧 𝙖𝙘𝙘𝙤𝙪𝙣𝙩 𝙢𝙖𝙠𝙞𝙣𝙜 𝙢𝙤𝙣𝙚𝙮 🤑💰
t.me/gold_free_signals1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
t.me/gold_free_signals1
𝙁𝙤𝙧𝙚𝙭 𝙩𝙧𝙖𝙙𝙞𝙣𝙜 𝙚𝙭𝙥𝙚𝙧𝙞𝙚𝙣𝙘𝙚 𝙩𝙚𝙖𝙢 ☺️ 𝙢𝙖𝙣𝙖𝙜𝙚 𝙮𝙤𝙪𝙧 𝙖𝙘𝙘𝙤𝙪𝙣𝙩 𝙢𝙖𝙠𝙞𝙣𝙜 𝙢𝙤𝙣𝙚𝙮 🤑💰
t.me/gold_free_signals1
𝙁𝙤𝙧𝙚𝙭 𝙩𝙧𝙖𝙙𝙞𝙣𝙜 𝙚𝙭𝙥𝙚𝙧𝙞𝙚𝙣𝙘𝙚 𝙩𝙚𝙖𝙢 ☺️ 𝙢𝙖𝙣𝙖𝙜𝙚 𝙮𝙤𝙪𝙧 𝙖𝙘𝙘𝙤𝙪𝙣𝙩 𝙢𝙖𝙠𝙞𝙣𝙜 𝙢𝙤𝙣𝙚𝙮 🤑💰
t.me/gold_free_signals1
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.