There is market structure shift in daily timeframe. The price is retesting previous resistance (current support) and 23.6 Fibo level and lower line of uptrend channel. There is a divergence in lower timeframe and a price action. Price is targeting 38.2, 50 and upper channel line.
There is a divergence in price and RSI. A market structure occurred and price returned to optimal trading entry (OTE) zone. Price broke down moving averages (MA) and retested them, and MA turned downtrend. Possible targets are shown in chart.
Gold analysis 4H timeframe. The analysis based on fibo levels, trend line, market structure, and price action. if it breaks out up, it will go up to 3050, if it breaks out down, it will go to fibo extension level.
buy ...............................................................
Price found support and returned with volume .........................................................
The chart makes High Tight Flag, but it failed. waiting for it to build on the right side.
OLLI is traded near the moving averages (daily and weekly) with a tight range and low volume.
It looks to me that EH is making Wyckoff accumulation. what do you think ?