GOLD ANALYSIS FOR 11TH NOVGold Analysis
4H: Price took demand as support, showing bullish intentions at this level.
1H: Likely to fill imbalances downwards, indicating potential for a pullback.
15M: Rejection noted from a key order block, followed by a break of recent lows and a retracement. Currently, price is positioned at a resistance level.
Plan: Wait for price to break this resistance, then observe for a retracement to confirm an entry for a short setup. Targets (TP1, TP2) are marked for reference.
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