Issue: The label “Resistance are” is grammatically incorrect and vague. It should be “Resistance Area” or “Key Resistance Zone”.
Disruption: The resistance area drawn may already be tested and partially broken, as price is very close to it at $33.48.
Alternative View: Instead of expecting a strong rejection, consider the possibility of a breakout with continuation if volume confirms. Monitor for a bullish flag or consolidation rather than an immediate reversal.
2. “Zone of Bullish” Labeling
Issue: The term “Zone of bullish” is unclear and lacks proper explanation.
Disruption: This zone could easily turn into a liquidity trap where smart money might induce retail buying before reversing.
Alternative View: Look for signs of liquidity sweep or bearish divergence if price retests this zone.
Disruption: The resistance area drawn may already be tested and partially broken, as price is very close to it at $33.48.
Alternative View: Instead of expecting a strong rejection, consider the possibility of a breakout with continuation if volume confirms. Monitor for a bullish flag or consolidation rather than an immediate reversal.
2. “Zone of Bullish” Labeling
Issue: The term “Zone of bullish” is unclear and lacks proper explanation.
Disruption: This zone could easily turn into a liquidity trap where smart money might induce retail buying before reversing.
Alternative View: Look for signs of liquidity sweep or bearish divergence if price retests this zone.
t.me/Master_Of_Goldd
IF YOU WANT TO KILL GOLD MARKET SO JOIN OUR CHANNEL NOW
TP AND SL DAILY 100% CONFIRM SIGNAL 0 ℅ RISK
t.me/Master_Of_Goldd
IF YOU WANT TO KILL GOLD MARKET SO JOIN OUR CHANNEL NOW
TP AND SL DAILY 100% CONFIRM SIGNAL 0 ℅ RISK
t.me/Master_Of_Goldd
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.
t.me/Master_Of_Goldd
IF YOU WANT TO KILL GOLD MARKET SO JOIN OUR CHANNEL NOW
TP AND SL DAILY 100% CONFIRM SIGNAL 0 ℅ RISK
t.me/Master_Of_Goldd
IF YOU WANT TO KILL GOLD MARKET SO JOIN OUR CHANNEL NOW
TP AND SL DAILY 100% CONFIRM SIGNAL 0 ℅ RISK
t.me/Master_Of_Goldd
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.