Gold continues to get rejected off inverted FvGs, all while grinding inside the turning area—and from where I’m standing, the top looks locked in.
We’re now heading straight down the pink ABC structure, with targets lining up at $3,000 and lower. The first major resistance on this descent is marked in white—a critical level to watch.
If we see a strong bullish bounce there, perfect—that’s our chance to scale into a bigger short position with precision.
The tide’s turning. Don’t fight the flow.
We’re now heading straight down the pink ABC structure, with targets lining up at $3,000 and lower. The first major resistance on this descent is marked in white—a critical level to watch.
If we see a strong bullish bounce there, perfect—that’s our chance to scale into a bigger short position with precision.
The tide’s turning. Don’t fight the flow.
Note
Beautiful trade development so far.
Price reacted perfectly at the resistance line and is now making its way back up.
I’m expecting a turn in the yellow area, right around the pink order block. That said, since we’ve kicked off a micro bullish structure, I wouldn’t be surprised to see price overextend slightly beyond the correction level into the target zones.
Unlikely? Maybe.
But as always—expected and accounted for.
Trade closed manually
Never underestimate a battle-tested system.
While everyone and their mom was calling for lower lows and calling the move “unlikely,” we stayed composed, prepared—and profited.
The market rarely rewards noise. It rewards discipline.
Remember: Don’t marry your bags. Don’t cling to bias. Trade what’s in front of you.
The chart is the only truth.
Here, I share my market outlooks, highlighting key levels and directions I'm watching.
Don't follow blindly; always do your own research.
Don't follow blindly; always do your own research.
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.
Here, I share my market outlooks, highlighting key levels and directions I'm watching.
Don't follow blindly; always do your own research.
Don't follow blindly; always do your own research.
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.