🔹 GOLD 30MIN Analysis – Bullish Reversal Setup Building
Gold is currently approaching a critical Order Block zone combined with a strong support area around the 3,355–3,360 range. This zone has previously acted as a demand area, and price is showing signs of exhaustion after a strong bearish move. If buyers step in here, we could witness a sharp reversal.
The setup suggests a possible liquidity grab and bullish reaction, aiming for a move back toward the previous highs. Confirmation through lower timeframes (like a bullish engulfing or break of structure) would strengthen the setup.
🎯 Target: 3,413
🔑 Key Levels to Watch:
Support Zone: 3,355–3,360
OB Reaction Area
Entry refinement on bullish confirmation
If price reacts well from this zone, it could mark the beginning of a short-term bullish leg aligned with smart money concepts.
Gold is currently approaching a critical Order Block zone combined with a strong support area around the 3,355–3,360 range. This zone has previously acted as a demand area, and price is showing signs of exhaustion after a strong bearish move. If buyers step in here, we could witness a sharp reversal.
The setup suggests a possible liquidity grab and bullish reaction, aiming for a move back toward the previous highs. Confirmation through lower timeframes (like a bullish engulfing or break of structure) would strengthen the setup.
🎯 Target: 3,413
🔑 Key Levels to Watch:
Support Zone: 3,355–3,360
OB Reaction Area
Entry refinement on bullish confirmation
If price reacts well from this zone, it could mark the beginning of a short-term bullish leg aligned with smart money concepts.
Trade active
Idea active and massive 120 pips blast Hold for swing trade and trail your stop loss with risk management Follow my chart for more updates on Gold
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Trade closed: stop reached
After massive 130 pips market reverse and hit BE now time. To reversal New idea buy for every dip Gold re-centre again and Buy holding
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Related publications
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.