CFDs on Gold (US$ / OZ)
Long
Updated

Market next target

79
⚠️ Disruption Analysis – Gold (1H):

🔹 Pattern Disruption Identified:

The chart previously followed a descending structure with lower highs and lower lows, confirming bearish momentum.

However, a temporary recovery (small bullish correction) appears after a sharp drop, disrupting the previous flow.



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🔄 Disruption Points:

1. Break in Momentum (Structure Shift):

The recent bullish correction (small upward leg) challenges the consistency of the descending trend.

It signals a potential pause or trap in the current bearish move.



2. Price Rejection Area:

Price attempted to bounce but failed to break above the previous lower high, indicating bearish strength remains intact, but is facing disruption from short-term buyers.



3. Volatility Spike:

The long wick on the recent candle shows a volatility disruption, likely due to economic news or high-impact events (suggested by the ⚡ icon on the chart).



4. Target Zone Disruption:

Though the yellow arrow points toward a bearish target, the slight upward pullback adds uncertainty about whether price will reach that level immediately.
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