GOLD: Reversal at 2881 – Liquidity Zones in Focus for Next Week
📊 Market Analysis from the Chart:
Gold has displayed critical signals in the past week, especially around the 2881 resistance level. This level formed a Double Top pattern accompanied by a strong Bearish Marubozu candle, signaling that sellers have taken control at this key resistance zone, driving the price below short-term support levels.
💡 Technical Highlights from the Chart:
Double Top at 2881: Price tested this significant resistance but failed to break through, triggering strong selling pressure.
Bearish Marubozu on H4: The strong bearish candle confirms that sellers dominated at the peak.
CP Zone Retest: The Continuation Pattern (CP) Zone was retested before the price dropped sharply, solidifying the correction trend.
🔍 Liquidity Plan for Next Week:
First FVG Zone (2850 - 2842): Already tested but remains an important area to monitor.
Major FVG Zone (2835 - 2828): A critical liquidity zone likely to attract strong buying interest.
Final Support Zone (2810 - 2800): If this zone is breached, it could trigger a new bearish trend with deeper corrections.
📈 Forecast for Gold’s Trend:
Bullish Scenario: If price holds above 2835 - 2828, Gold may rebound and resume its primary uptrend.
Bearish Scenario: If price breaks below 2810 - 2800, it may initiate a deeper bearish correction.
⚙️ Trading Strategy:
SELL: Around 2860 - 2862, targeting lower liquidity zones.
BUY: At the support zone 2835 - 2828, expecting a potential bullish reversal.
📩 Follow KevinNguyen-SimpleTrade for weekly market insights and actionable trading strategies! 🚀
💬 What’s your outlook for Gold this week? Will it rebound or continue to drop? Share your thoughts in the comments! 🔥
Gold has displayed critical signals in the past week, especially around the 2881 resistance level. This level formed a Double Top pattern accompanied by a strong Bearish Marubozu candle, signaling that sellers have taken control at this key resistance zone, driving the price below short-term support levels.
💡 Technical Highlights from the Chart:
Double Top at 2881: Price tested this significant resistance but failed to break through, triggering strong selling pressure.
Bearish Marubozu on H4: The strong bearish candle confirms that sellers dominated at the peak.
CP Zone Retest: The Continuation Pattern (CP) Zone was retested before the price dropped sharply, solidifying the correction trend.
🔍 Liquidity Plan for Next Week:
First FVG Zone (2850 - 2842): Already tested but remains an important area to monitor.
Major FVG Zone (2835 - 2828): A critical liquidity zone likely to attract strong buying interest.
Final Support Zone (2810 - 2800): If this zone is breached, it could trigger a new bearish trend with deeper corrections.
📈 Forecast for Gold’s Trend:
Bullish Scenario: If price holds above 2835 - 2828, Gold may rebound and resume its primary uptrend.
Bearish Scenario: If price breaks below 2810 - 2800, it may initiate a deeper bearish correction.
⚙️ Trading Strategy:
SELL: Around 2860 - 2862, targeting lower liquidity zones.
BUY: At the support zone 2835 - 2828, expecting a potential bullish reversal.
📩 Follow KevinNguyen-SimpleTrade for weekly market insights and actionable trading strategies! 🚀
💬 What’s your outlook for Gold this week? Will it rebound or continue to drop? Share your thoughts in the comments! 🔥
Transaction en cours
EDIT PLAN:
📈 Liquidity Plan:
FVG Zone (2850 - 2842): Tested but still relevant.
Major FVG (2835 - 2828): Key liquidity zone for buyers.
Support (2810 - 2800): Break below may trigger a deeper downtrend.
🛡 Forecast:
🔺 Bullish: Holding above 2835 - 2828 could lead to a rebound.
🔻 Bearish: Breaking 2810 - 2800 may deepen corrections.
⌛ Trading Strategy:
🔹 SELL: 2868 - 2870, targeting lower zones.
🔺 BUY: 2835 - 2828, expecting a bullish reversal.
👋 KevinNguyen-SimpleTrade brings you exciting updates this week:
💥 Highlights for the Week
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💥 Highlights for the Week
✅ Gold Signals: 4️⃣-6️⃣ signals daily, optimized for scalping!
✅ Forex Signals: 5️⃣-8️⃣ high-quality trades
👉 t.me/+Ie_04nofbRc3OWQ1
👋 KevinNguyen-SimpleTrade brings you exciting updates this week:
💥 Highlights for the Week
✅ Gold Signals: 4️⃣-6️⃣ signals daily, optimized for scalping!
✅ Forex Signals: 5️⃣-8️⃣ high-quality trades
👉 t.me/+Ie_04nofbRc3OWQ1
💥 Highlights for the Week
✅ Gold Signals: 4️⃣-6️⃣ signals daily, optimized for scalping!
✅ Forex Signals: 5️⃣-8️⃣ high-quality trades
👉 t.me/+Ie_04nofbRc3OWQ1
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