Chart Analysis Breakdown (30m TF – Gold/USD)
1. Market Structure Overview
Bearish Trend Dominance:
The price has shifted into a bearish structure after a Break of Structure (BOS) to the downside, indicating bearish control after failing to sustain higher highs.
Lower Highs & Lower Lows:
A consistent formation of LHs and LLs confirms bearish momentum.
2. Key Zones & Reactions
🟩 Demand Zone (~3,300–3,310):
Current price is reacting from a clearly defined demand zone.
Strong buying wick indicates interest and potential short-term bounce.
This zone has historical significance — previous reversal point.
🟥 Supply Zone (~3,420–3,445):
Price reversed sharply from here.
This is a key liquidity zone; expect heavy resistance if price retraces.
🔵 BOS Areas Marked:
Confirmed transitions in structure:
Bullish BOS followed by a bearish BOS — great illustration of shift in control.
🟨 Consolidation Blocks:
Highlighted ranging periods show distribution/accumulation phases before breakouts.
3. Trendlines & Channel Patterns
📉 Descending Trendline:
Acts as dynamic resistance.
If price retraces to this level (around 3,330–3,340), expect potential rejection unless broken cleanly.
📈 Previous Bullish Channel (Broken):
Price moved out of a bullish ascending channel, confirming bearish intent.
4. Ichimoku Cloud Context
Price is below the Kumo cloud, suggesting bearish bias remains intact.
Future cloud is bearish.
However, short-term pullback into cloud possible (especially if demand zone holds).
📊 Forecast & Trade Idea
Scenario 1: Bullish Rejection from Demand
Price may bounce towards 3,340 (previous S/R + trendline retest).
Watch for reaction at this level.
Scenario 2: Clean Break of Demand Zone
Opens path toward deeper downside (e.g., 3,280 or even lower).
Could trigger liquidity grab before reversal.
1. Market Structure Overview
Bearish Trend Dominance:
The price has shifted into a bearish structure after a Break of Structure (BOS) to the downside, indicating bearish control after failing to sustain higher highs.
Lower Highs & Lower Lows:
A consistent formation of LHs and LLs confirms bearish momentum.
2. Key Zones & Reactions
🟩 Demand Zone (~3,300–3,310):
Current price is reacting from a clearly defined demand zone.
Strong buying wick indicates interest and potential short-term bounce.
This zone has historical significance — previous reversal point.
🟥 Supply Zone (~3,420–3,445):
Price reversed sharply from here.
This is a key liquidity zone; expect heavy resistance if price retraces.
🔵 BOS Areas Marked:
Confirmed transitions in structure:
Bullish BOS followed by a bearish BOS — great illustration of shift in control.
🟨 Consolidation Blocks:
Highlighted ranging periods show distribution/accumulation phases before breakouts.
3. Trendlines & Channel Patterns
📉 Descending Trendline:
Acts as dynamic resistance.
If price retraces to this level (around 3,330–3,340), expect potential rejection unless broken cleanly.
📈 Previous Bullish Channel (Broken):
Price moved out of a bullish ascending channel, confirming bearish intent.
4. Ichimoku Cloud Context
Price is below the Kumo cloud, suggesting bearish bias remains intact.
Future cloud is bearish.
However, short-term pullback into cloud possible (especially if demand zone holds).
📊 Forecast & Trade Idea
Scenario 1: Bullish Rejection from Demand
Price may bounce towards 3,340 (previous S/R + trendline retest).
Watch for reaction at this level.
Scenario 2: Clean Break of Demand Zone
Opens path toward deeper downside (e.g., 3,280 or even lower).
Could trigger liquidity grab before reversal.
Trade active
trade active running 150 pipsTrade closed: target reached
♦JOIN FREE TELEGRAM CHANNEL✅
🔗 t.me/+4JhbHmt-Lf41NzZk
✅FOREX AND GOLD/XAUUSD SIGNALS
✅98% ACCURATE SIGNALS
✅4-6 signals daily 💯💯
♦♦Join telegram Group♦♦
🔗 t.me/+4JhbHmt-Lf41NzZk
🔗 t.me/+4JhbHmt-Lf41NzZk
✅FOREX AND GOLD/XAUUSD SIGNALS
✅98% ACCURATE SIGNALS
✅4-6 signals daily 💯💯
♦♦Join telegram Group♦♦
🔗 t.me/+4JhbHmt-Lf41NzZk
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.
♦JOIN FREE TELEGRAM CHANNEL✅
🔗 t.me/+4JhbHmt-Lf41NzZk
✅FOREX AND GOLD/XAUUSD SIGNALS
✅98% ACCURATE SIGNALS
✅4-6 signals daily 💯💯
♦♦Join telegram Group♦♦
🔗 t.me/+4JhbHmt-Lf41NzZk
🔗 t.me/+4JhbHmt-Lf41NzZk
✅FOREX AND GOLD/XAUUSD SIGNALS
✅98% ACCURATE SIGNALS
✅4-6 signals daily 💯💯
♦♦Join telegram Group♦♦
🔗 t.me/+4JhbHmt-Lf41NzZk
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.