Instrument: XAUUSD
Timeframe: 4H
Market Context 🌐
- XAUUSD continues to trade within a medium-term range established on November 14.
- This week opened near the middle of the range following last week’s bearish reversal, with price continuing to face downward pressure.
Key Observations 🕵️♂️
Weekly Open Dynamics:
- Price opened near 2650 (weekly...
Patterns tell you what. Price tells you why. 🎯
Here’s a clean example of price structure:
Lower Highs and Lower Lows signaling potential continuation.
A tighter consolidation shows indecision, often preceding a breakout.
What I’ve found is that hand-drawing these moves deepens your focus, slows you down, and builds your trader intuition. It’s not about...
