Original Analysis Recap:
Support Zone marked just below the current price.
Bearish Move Expected (red arrow) from current resistance.
Bullish Bounce Expected after initial drop (blue and yellow arrows).
Target is placed lower than current price, implying expected downward movement.
---
Disruption / Contrarian Thesis:
1. Fakeout to the Downside (Bear Trap)
The analysis assumes a rejection at resistance and a drop, but:
After the large red candle previously, the market may have absorbed all selling pressure.
Current consolidation shows higher lows—suggesting hidden buying.
Disruption Call: A quick dip below support (triggering stops), followed by a strong bullish reversal breaking through the resistance zone.
---
2. Volume Insight Ignored
Note that recent volume spiked on green candles during recovery.
Current retracement has lower volume, suggesting it may be a pause in uptrend (not a reversal).
Disruption Call: This is accumulation, not distribution. A breakout above 33.20 could happen, aiming for 33.40 or higher.
---
3. Structural Misinterpretation
The “support” identified may not be valid—it’s part of the consolidation range.
True demand zone could be deeper, around 32.90–33.00.
Support Zone marked just below the current price.
Bearish Move Expected (red arrow) from current resistance.
Bullish Bounce Expected after initial drop (blue and yellow arrows).
Target is placed lower than current price, implying expected downward movement.
---
Disruption / Contrarian Thesis:
1. Fakeout to the Downside (Bear Trap)
The analysis assumes a rejection at resistance and a drop, but:
After the large red candle previously, the market may have absorbed all selling pressure.
Current consolidation shows higher lows—suggesting hidden buying.
Disruption Call: A quick dip below support (triggering stops), followed by a strong bullish reversal breaking through the resistance zone.
---
2. Volume Insight Ignored
Note that recent volume spiked on green candles during recovery.
Current retracement has lower volume, suggesting it may be a pause in uptrend (not a reversal).
Disruption Call: This is accumulation, not distribution. A breakout above 33.20 could happen, aiming for 33.40 or higher.
---
3. Structural Misinterpretation
The “support” identified may not be valid—it’s part of the consolidation range.
True demand zone could be deeper, around 32.90–33.00.
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.