⚡ GOLD – Quick Forecast ⚡
⏱ 5M View (Lower TF)
Price is riding an ascending channel, respecting both trendlines.
Strong impulsive leg (yellow highlight) → market broke higher with momentum.
Now consolidating just under the upper channel line, cooking for the next move.
🔑 Liquidity & Zones
SSL (sell-side liquidity) marked below — prime magnet if price wants a quick dip.
Confluence reload area: Fib 71% + Imbalance fill + SSL zone around 3770–3765.
If tapped, buyers likely reload here for another rocket.
🎯 Play of the Day
Hold current structure = direct push toward 3805–3810 🚀.
Deeper retrace into SSL/71% zone = better entry for continuation long.
Break below channel low? ❌ Idea cooked, bears reclaim flow.
📝 Forecast Summary
📍 Bias: Bullish (buy dips)
🎯 Target: 3805–3810
🪙 Reload Zone: 3765–3770
❌ Invalidation: Break below channel low
⏱ 5M View (Lower TF)
Price is riding an ascending channel, respecting both trendlines.
Strong impulsive leg (yellow highlight) → market broke higher with momentum.
Now consolidating just under the upper channel line, cooking for the next move.
🔑 Liquidity & Zones
SSL (sell-side liquidity) marked below — prime magnet if price wants a quick dip.
Confluence reload area: Fib 71% + Imbalance fill + SSL zone around 3770–3765.
If tapped, buyers likely reload here for another rocket.
🎯 Play of the Day
Hold current structure = direct push toward 3805–3810 🚀.
Deeper retrace into SSL/71% zone = better entry for continuation long.
Break below channel low? ❌ Idea cooked, bears reclaim flow.
📝 Forecast Summary
📍 Bias: Bullish (buy dips)
🎯 Target: 3805–3810
🪙 Reload Zone: 3765–3770
❌ Invalidation: Break below channel low
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.
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.