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Gold analysis, one-hour time frame
Given the price's return from the sellers' equilibrium range of 4231, the market has created a new sellers' equilibrium for one hour, which has been able to stabilize below this equilibrium and even pullback to the beginning of this range, and with this equilibrium, the one-hour sellers' TP is defined as the 3980 range. As long as the sellers' equilibrium (above 4140 one-hour candles) has not stabilized, this TP will be available.
I have three resistances for the pullback and the drawing path, one is the one-hour sellers' equilibrium center of 4124, the next is 4160, and for now, the 15-minute sellers' equilibrium center, which has not yet pulled back, is still 4176 for the 3980 TP, which I will look for a sell trigger if the price returns to these three ranges. This TP is also an important range for 4 hours, which will be withdrawn from the 4-hour buyers if it stabilizes below the equilibrium number, and the targets will be all the liquidity levels specified on the chart.
Gold analysis, one-hour time frame
Given the price's return from the sellers' equilibrium range of 4231, the market has created a new sellers' equilibrium for one hour, which has been able to stabilize below this equilibrium and even pullback to the beginning of this range, and with this equilibrium, the one-hour sellers' TP is defined as the 3980 range. As long as the sellers' equilibrium (above 4140 one-hour candles) has not stabilized, this TP will be available.
I have three resistances for the pullback and the drawing path, one is the one-hour sellers' equilibrium center of 4124, the next is 4160, and for now, the 15-minute sellers' equilibrium center, which has not yet pulled back, is still 4176 for the 3980 TP, which I will look for a sell trigger if the price returns to these three ranges. This TP is also an important range for 4 hours, which will be withdrawn from the 4-hour buyers if it stabilizes below the equilibrium number, and the targets will be all the liquidity levels specified on the chart.
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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.
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.