Scenario:
As we know, gold has been rejected many times from the $3400 level. However, it is now forming a key daily and weekly pattern on the 4H chart. 📉📊
➡️ If the 4H and daily candles close above my resistance line, gold could fly 🚀.
➡️ If the weekly candle closes above $3410, there's a strong chance we break the all-time high (ATH) 📈✨.
❗ But if the resistance zone gets swept and we close below $3397, then look for a sell-off — possible waterfall 🩸🔻.
As we know, gold has been rejected many times from the $3400 level. However, it is now forming a key daily and weekly pattern on the 4H chart. 📉📊
➡️ If the 4H and daily candles close above my resistance line, gold could fly 🚀.
➡️ If the weekly candle closes above $3410, there's a strong chance we break the all-time high (ATH) 📈✨.
❗ But if the resistance zone gets swept and we close below $3397, then look for a sell-off — possible waterfall 🩸🔻.
Trade active
Market structure shift Bias Buyer hold position market break trendline 3400 3450 Target 
💰 Gold, GBP, & BTC Specialists | 📊 1K–1.5K Pips Weekly | 🚀 Accurate Charting & 🎯 Expert Account Management | 📌 Trusted Market Analysis
t.me/goldentradeinsights
t.me/goldentradeinsights
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.
💰 Gold, GBP, & BTC Specialists | 📊 1K–1.5K Pips Weekly | 🚀 Accurate Charting & 🎯 Expert Account Management | 📌 Trusted Market Analysis
t.me/goldentradeinsights
t.me/goldentradeinsights
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.