ArtivamaScott

ArtivamaScott

The chart you’ve provided is a 1-hour candlestick chart of Gold Spot (XAU/USD) from TradingView. Here's a breakdown of what's being shown: Key Observations: Price Zone Highlighted: A horizontal pink shaded area is marked, which seems to represent a resistance zone—a price area where selling pressure may emerge. This zone appears to be around the $3,315 to...

ArtivamaScott

This chart shows a price action analysis for XAU/USD (Gold vs. U.S. Dollar) on the 1-hour timeframe, incorporating a Smart Money Concept (SMC) approach with key annotations: Key Elements: OB (Order Block): A supply zone marked in red around the 3,340–3,350 range. Price is expected to react from here, likely with some form of rejection or consolidation. SSL...