Hello Traders!
Gold has reacted strongly from a major higher timeframe resistance, showing multiple rejections before the recent sharp decline. The market has now reached a key demand zone, where previous buying interest and liquidity are present.
This area becomes critical because it represents a zone where weaker hands often exit, while stronger participants look to accumulate positions. Such moves typically create conditions for a potential mean reversion and recovery.
If price manages to hold this demand zone, we can expect a gradual upside move toward the marked recovery targets, aligning with previous structure levels.
On the other hand, if this level fails, the bullish expectation weakens and further downside can open up. That’s why the invalidation level below is important to watch.
The key here is not prediction, but patience, let the market confirm strength before stepping in.
Rahul’s Tip: Strong moves don’t start at highs, they begin where fear is highest and support is strongest.
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always manage your risk properly before taking any trade.
— TraderRahulPal
SCA Registered Financial Influencer (Dubai, UAE)
Gold has reacted strongly from a major higher timeframe resistance, showing multiple rejections before the recent sharp decline. The market has now reached a key demand zone, where previous buying interest and liquidity are present.
This area becomes critical because it represents a zone where weaker hands often exit, while stronger participants look to accumulate positions. Such moves typically create conditions for a potential mean reversion and recovery.
If price manages to hold this demand zone, we can expect a gradual upside move toward the marked recovery targets, aligning with previous structure levels.
On the other hand, if this level fails, the bullish expectation weakens and further downside can open up. That’s why the invalidation level below is important to watch.
The key here is not prediction, but patience, let the market confirm strength before stepping in.
Rahul’s Tip: Strong moves don’t start at highs, they begin where fear is highest and support is strongest.
Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always manage your risk properly before taking any trade.
— TraderRahulPal
SCA Registered Financial Influencer (Dubai, UAE)
Note
Gold has taken perfectly reversal from important support zone, and holding above to that, Note
reached at 1st recovery trget successfullyLearn PROFITABLE STRATEGIES THAT WORK IN EVERY MARKET
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WhatsApp to get started
Contact me: wa.me/919560602464
SCA Registered Analyst→Dubai
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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.
Learn PROFITABLE STRATEGIES THAT WORK IN EVERY MARKET
WhatsApp to get started
Contact me: wa.me/919560602464
SCA Registered Analyst→Dubai
WhatsApp to get started
Contact me: wa.me/919560602464
SCA Registered Analyst→Dubai
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.
