BenMcyInsights

BenMcyInsights

🏛 1. Current Market Structure 📈 During the Asian session open, gold showed a strong bullish reaction, confirming a resumption of upward momentum. 📐 The breakout of the trendline and reclaim of prior levels indicate a clear exit from consolidation. 🌍 2. Bigger Picture Outlook 🚀 This bullish impulse could now push gold towards new all-time highs, with targets...

BenMcyInsights

🏛 1. Current Market Structure 📉 Price is currently moving within a small ascending channel after rejecting the red zone (IFVG 1D), but this move might be a bear trap. ⚠️ A downside breakout is likely, aiming to sweep liquidity lower. 🌍 2. Bigger Picture Outlook 🔍 The market could drop toward the grey support zone (below $91,500) before a potential bullish...

BenMcyInsights

🏛 1. Current Market Structure 🚀 Gold reached a peak at $3,500 following Trump’s tariff announcement, triggering a sharp bullish reaction. 🔻 This move was followed by a strong correction, leading price back down to key structural support zones. 🌍 2. Bigger Picture Outlook 📉 This violent retracement allowed the market to revisit accumulation areas, including...

BenMcyInsights

🏛 1. Current Market Structure 🚀 After a strong rally from $84,000 to around $97,500, the price encountered a major resistance. 🔻 This area corresponds to the bearish OTE from the broader retracement between $109,000 and $74,000, leading to a temporary rejection. 🌍 2. Bigger Picture Outlook 📐 The rejection at the bearish OTE suggests a liquidity grab at a key...