📊 SMC Analysis – GOLD 15M
• After the ChoCH and Break of Structure (BOS), price tapped into the 15M Order Block (OB-15M) located inside the resistance zone.
• A classic fake out occurred above the level, followed by a rejection back into the support zone, giving confirmation of bullish intent.
• From there, price pushed strongly into distribution, targeting the new highs.
• First target achieved: 4,005, right at the psychological level above 4,000.
• Market structure remains bullish as long as the support zone holds.
⚡ This analysis shows perfect market manipulation → rejection → bullish continuation flow.
GOOD JOB TRADERS.. ;)
• After the ChoCH and Break of Structure (BOS), price tapped into the 15M Order Block (OB-15M) located inside the resistance zone.
• A classic fake out occurred above the level, followed by a rejection back into the support zone, giving confirmation of bullish intent.
• From there, price pushed strongly into distribution, targeting the new highs.
• First target achieved: 4,005, right at the psychological level above 4,000.
• Market structure remains bullish as long as the support zone holds.
⚡ This analysis shows perfect market manipulation → rejection → bullish continuation flow.
GOOD JOB TRADERS.. ;)
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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.