█ STRUCTURE
Gold at $4,720 with LONG/Below/Bullish. The conflict signal persists — bullish structure fighting below EMA200 ($4,744). Price is $24 below.
Another sharp drop-and-recovery cycle: price fell from $4,810 to $4,690 before staging a V-shape recovery to $4,720. MSS and BoS labels show the structural flip back to bullish during the recovery, but EMA200 remains overhead.
This is the pattern gold has been stuck in for over a week — drop below EMA200, flip bullish on the recovery, attempt to reclaim, fail, drop again. Each cycle's high is lower than the last ($4,860 → $4,830 → $4,810 → $4,770). The trend of lower highs continues despite the bullish structure on 15min.
█ KEY LEVELS
█ WHAT TO WATCH
The pattern is clear: lower highs on each EMA200 test while the lows remain in the $4,670-4,700 range. This compression is building toward a resolution — either a decisive reclaim above $4,744 or a break below the $4,670 support floor.
Not financial advice. For educational purposes only.
Gold at $4,720 with LONG/Below/Bullish. The conflict signal persists — bullish structure fighting below EMA200 ($4,744). Price is $24 below.
Another sharp drop-and-recovery cycle: price fell from $4,810 to $4,690 before staging a V-shape recovery to $4,720. MSS and BoS labels show the structural flip back to bullish during the recovery, but EMA200 remains overhead.
This is the pattern gold has been stuck in for over a week — drop below EMA200, flip bullish on the recovery, attempt to reclaim, fail, drop again. Each cycle's high is lower than the last ($4,860 → $4,830 → $4,810 → $4,770). The trend of lower highs continues despite the bullish structure on 15min.
█ KEY LEVELS
- Resistance: $4,744 (EMA200 — must reclaim)
- Resistance: $4,760-4,770 (previous cycle high)
- Support: $4,700 (BoS zone)
- Below: $4,690 (today's low) / $4,670 (Apr 22 low)
█ WHAT TO WATCH
The pattern is clear: lower highs on each EMA200 test while the lows remain in the $4,670-4,700 range. This compression is building toward a resolution — either a decisive reclaim above $4,744 or a break below the $4,670 support floor.
Not financial advice. For educational purposes only.
SmartFlow Pro — SMC detection (OB/BOB, FVG/iFVG, OTE, Confluence, Alerts) +
Position Sizer Pro — (partial TP, trailing SL, risk mgmt).
→ whop.com/smartflow-indicators/smartflow-pro/
Position Sizer Pro — (partial TP, trailing SL, risk mgmt).
→ whop.com/smartflow-indicators/smartflow-pro/
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.
SmartFlow Pro — SMC detection (OB/BOB, FVG/iFVG, OTE, Confluence, Alerts) +
Position Sizer Pro — (partial TP, trailing SL, risk mgmt).
→ whop.com/smartflow-indicators/smartflow-pro/
Position Sizer Pro — (partial TP, trailing SL, risk mgmt).
→ whop.com/smartflow-indicators/smartflow-pro/
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.