Technical Overview:
Gold has recently rebounded from a High Demand Zone around the $3,900–$3,910 region, showing clear signs of buyer re-entry after a prolonged bearish correction. The candle structure suggests strong bullish intent, with higher lows forming and a potential continuation toward the next liquidity area.
Key Observations:
🔹 High Demand Zone: Price reacted strongly here, indicating institutional buying pressure.
🔹 High Prop POI (Point of Interest): Served as a key accumulation level before the breakout.
🔹 SMC Trap: Indicates a prior liquidity grab, trapping late sellers before the move up.
🔹 Bullish Momentum Building: Consecutive bullish candles after rejection from the demand zone strengthen the reversal bias.
Target Projection:
🎯 Immediate Target: $4,080 – $4,100 (aligned with local resistance and liquidity grab zone).
🛑 Support: $3,905 (must hold to maintain bullish structure).
💎 Extended Target (if momentum continues): $4,160 – $4,180 (previous major swing high zone).
Summary:
Gold is showing a short-term recovery phase within a broader bullish structure. A confirmed 4H close above $4,030 would likely propel price toward the $4,100 region, while a drop below $3,900 would invalidate the bullish setup.
📊 Suggested Title:
"Gold Rebounds from Key Demand Zone, Eyes $4,100 Resistance 🔥"
Gold has recently rebounded from a High Demand Zone around the $3,900–$3,910 region, showing clear signs of buyer re-entry after a prolonged bearish correction. The candle structure suggests strong bullish intent, with higher lows forming and a potential continuation toward the next liquidity area.
Key Observations:
🔹 High Demand Zone: Price reacted strongly here, indicating institutional buying pressure.
🔹 High Prop POI (Point of Interest): Served as a key accumulation level before the breakout.
🔹 SMC Trap: Indicates a prior liquidity grab, trapping late sellers before the move up.
🔹 Bullish Momentum Building: Consecutive bullish candles after rejection from the demand zone strengthen the reversal bias.
Target Projection:
🎯 Immediate Target: $4,080 – $4,100 (aligned with local resistance and liquidity grab zone).
🛑 Support: $3,905 (must hold to maintain bullish structure).
💎 Extended Target (if momentum continues): $4,160 – $4,180 (previous major swing high zone).
Summary:
Gold is showing a short-term recovery phase within a broader bullish structure. A confirmed 4H close above $4,030 would likely propel price toward the $4,100 region, while a drop below $3,900 would invalidate the bullish setup.
📊 Suggested Title:
"Gold Rebounds from Key Demand Zone, Eyes $4,100 Resistance 🔥"
join my telegram channel free
t.me/Pips_Profit_67
t.me/Pips_Profit_67
Daily 300+pips profits
weekly 2000+pips profit
High accuracy signals with double conformation
t.me/Pips_Profit_67
t.me/Pips_Profit_67
Daily 300+pips profits
weekly 2000+pips profit
High accuracy signals with double conformation
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.
join my telegram channel free
t.me/Pips_Profit_67
t.me/Pips_Profit_67
Daily 300+pips profits
weekly 2000+pips profit
High accuracy signals with double conformation
t.me/Pips_Profit_67
t.me/Pips_Profit_67
Daily 300+pips profits
weekly 2000+pips profit
High accuracy signals with double conformation
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.
