📊 SMC Analysis – GOLD 15M
• After the push into the distribution zone and reaching 4,060, price formed a higher low (HL) before dropping with a Break of Structure (BOS).
• We then saw a fake out into the FVG, followed by a rejection at the support zone.
• Current projection: institutions may use this reset to accumulate, preparing for a new distribution leg toward the target at 4,049.
• Market remains valid for a bullish continuation as long as the support zone holds.
🚀 This setup shows the power of patience: wait for liquidity grabs, respect support, and follow the structure toward new highs.
• After the push into the distribution zone and reaching 4,060, price formed a higher low (HL) before dropping with a Break of Structure (BOS).
• We then saw a fake out into the FVG, followed by a rejection at the support zone.
• Current projection: institutions may use this reset to accumulate, preparing for a new distribution leg toward the target at 4,049.
• Market remains valid for a bullish continuation as long as the support zone holds.
🚀 This setup shows the power of patience: wait for liquidity grabs, respect support, and follow the structure toward new highs.
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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.
Related publications
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.