It looks like you've uploaded a *Gold Spot (XAU/USD) 4-hour chart*, which includes technical analysis tools and patterns.
### *Patterns & Tools Used:*
1. *Ascending Channel:*
- The price is trending upward within a clearly defined *parallel channel*.
- *Support & Resistance* are defined by the channel's trendlines.
2. *Break of Structure (BOS):*
- Marked at key points where the price breaks previous highs/lows, indicating *trend continuation*.
3. *Fair Value Gap (FVG):*
- Highlighted as potential areas where price may return to fill gaps left by strong movements.
4. *Order Block (OB):*
- Marked areas where institutions may have placed large orders, acting as potential reversal or continuation zones.
5. *Liquidity Pool (LQD POOL):*
- A zone where price might hunt liquidity before reversing or continuing its trend.
6. *Support & Resistance (Green & Red Arrows):*
- *Red Arrows* indicate resistance points where price faced rejection.
- *Green Arrows* show support levels where price bounced.
### *Possible Market Outlook:*
- If the *ascending channel* holds, price may *continue upward* toward new highs.
- If a *break below OB & FVG* occurs, price may drop toward the *liquidity pool* for further accumulation before another bullish move.
Let me know if you need a deeper analysis!
### *Patterns & Tools Used:*
1. *Ascending Channel:*
- The price is trending upward within a clearly defined *parallel channel*.
- *Support & Resistance* are defined by the channel's trendlines.
2. *Break of Structure (BOS):*
- Marked at key points where the price breaks previous highs/lows, indicating *trend continuation*.
3. *Fair Value Gap (FVG):*
- Highlighted as potential areas where price may return to fill gaps left by strong movements.
4. *Order Block (OB):*
- Marked areas where institutions may have placed large orders, acting as potential reversal or continuation zones.
5. *Liquidity Pool (LQD POOL):*
- A zone where price might hunt liquidity before reversing or continuing its trend.
6. *Support & Resistance (Green & Red Arrows):*
- *Red Arrows* indicate resistance points where price faced rejection.
- *Green Arrows* show support levels where price bounced.
### *Possible Market Outlook:*
- If the *ascending channel* holds, price may *continue upward* toward new highs.
- If a *break below OB & FVG* occurs, price may drop toward the *liquidity pool* for further accumulation before another bullish move.
Let me know if you need a deeper analysis!
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Just for One More Smile © free
telegram signals t.me/+QxrfbzZuGCZhN2U0
V A.I. Data Scientist
V 20+ years of experience
* Forex V Crypto V Indices
C o m m o d i t y t.me/+QxrfbzZuGCZhN2U0
Q u i c k Learn Trading Tips
telegram signals t.me/+QxrfbzZuGCZhN2U0
V A.I. Data Scientist
V 20+ years of experience
* Forex V Crypto V Indices
C o m m o d i t y t.me/+QxrfbzZuGCZhN2U0
Q u i c k Learn Trading Tips
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.