Lana focuses on sell rallies, waiting for a deeper buy zone 💛
Quick overview
Market state: Sharp sell-off after failing to hold above ATH
Timeframe: H1
Current structure: Strong bearish impulse → corrective rebound in progress
Intraday bias: Sell on pullbacks, buy only at major support
Technical picture (based on the chart)
Gold printed a clear distribution top near ATH, followed by a strong bearish displacement. This move broke the short-term bullish structure and shifted momentum to the downside.
Price is now attempting a technical rebound, but so far this looks corrective rather than impulsive. As long as price stays below key resistance, Lana treats this as a sell-the-rally environment.
Key observations:
Strong bearish candle confirms loss of bullish control
Current rebound is moving into prior liquidity + Fibonacci reaction zone
Market is likely building a lower high before the next move
Key levels to trade
Sell zone – priority setup
Sell: 4392 – 4395
This zone aligns with:
Prior structure resistance
Fibonacci retracement area
Liquidity resting above current price
If price reaches this zone and shows rejection, Lana will look for sell continuation.
Buy zone – only at strong support
Buy: 4275 – 4278
This is a higher-timeframe support zone and the first area where buyers may attempt to step back in. Lana only considers buys here if price shows clear reaction and stabilization.
Intraday scenarios
Scenario 1 – Rejection at resistance (preferred)
Price retraces into 4392–4395, fails to break higher, and rolls over → continuation to the downside, targeting deeper liquidity.
Scenario 2 – Deeper correction then recovery
If selling pressure extends, price may sweep liquidity into 4275–4278 before forming a base for a larger rebound into the new year.
Market tone
The recent move reflects profit-taking and risk reduction after an extended rally. With year-end liquidity thinning out, price action can remain volatile and deceptive, making zone-based trading essential.
This analysis reflects Lana’s technical view and is not financial advice. Always manage your own risk and wait for confirmation before entering trades 💛
Quick overview
Market state: Sharp sell-off after failing to hold above ATH
Timeframe: H1
Current structure: Strong bearish impulse → corrective rebound in progress
Intraday bias: Sell on pullbacks, buy only at major support
Technical picture (based on the chart)
Gold printed a clear distribution top near ATH, followed by a strong bearish displacement. This move broke the short-term bullish structure and shifted momentum to the downside.
Price is now attempting a technical rebound, but so far this looks corrective rather than impulsive. As long as price stays below key resistance, Lana treats this as a sell-the-rally environment.
Key observations:
Strong bearish candle confirms loss of bullish control
Current rebound is moving into prior liquidity + Fibonacci reaction zone
Market is likely building a lower high before the next move
Key levels to trade
Sell zone – priority setup
Sell: 4392 – 4395
This zone aligns with:
Prior structure resistance
Fibonacci retracement area
Liquidity resting above current price
If price reaches this zone and shows rejection, Lana will look for sell continuation.
Buy zone – only at strong support
Buy: 4275 – 4278
This is a higher-timeframe support zone and the first area where buyers may attempt to step back in. Lana only considers buys here if price shows clear reaction and stabilization.
Intraday scenarios
Scenario 1 – Rejection at resistance (preferred)
Price retraces into 4392–4395, fails to break higher, and rolls over → continuation to the downside, targeting deeper liquidity.
Scenario 2 – Deeper correction then recovery
If selling pressure extends, price may sweep liquidity into 4275–4278 before forming a base for a larger rebound into the new year.
Market tone
The recent move reflects profit-taking and risk reduction after an extended rally. With year-end liquidity thinning out, price action can remain volatile and deceptive, making zone-based trading essential.
This analysis reflects Lana’s technical view and is not financial advice. Always manage your own risk and wait for confirmation before entering trades 💛
Trade closed: target reached
The trading scenario was 100% accurate, achieving a total profit of 1400 pips for 2 buy signals.
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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.
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.