Gold is currently trading inside a key H1 supply & POI zone, indicating a short-term consolidation before the next directional move.
🔹 Market Structure:
Overall structure remains bullish, with higher highs & higher lows intact.
🔹 Key Observations:
Price is reacting around a strong POI zone (≈ 4460 area)
Liquidity sweep below recent lows is possible before continuation
M15 demand zone below remains a strong support
H1 supply above acts as the next major target
🔹 Trade Scenario (Buy-side):
✅ Expect a minor pullback / stop-hunt
✅ Bullish confirmation from demand
🎯 Targets: 4492 → 4501 → higher liquidity zones
🛑 Invalidation below demand zone
🔹 Bias: Bullish continuation after retracement
📌 Patience is key. Let the market come to your level.
🔹 Market Structure:
Overall structure remains bullish, with higher highs & higher lows intact.
🔹 Key Observations:
Price is reacting around a strong POI zone (≈ 4460 area)
Liquidity sweep below recent lows is possible before continuation
M15 demand zone below remains a strong support
H1 supply above acts as the next major target
🔹 Trade Scenario (Buy-side):
✅ Expect a minor pullback / stop-hunt
✅ Bullish confirmation from demand
🎯 Targets: 4492 → 4501 → higher liquidity zones
🛑 Invalidation below demand zone
🔹 Bias: Bullish continuation after retracement
📌 Patience is key. Let the market come to your level.
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.