EUR/GBP – Technical Analysis (1H)
🔹 Current Price Zone: 0.8414
🔵 Market Structure & Trend
The market broke structure to the upside recently, forming a Higher High (HH) and Higher Low (HL), suggesting a bullish shift.
Price is currently retesting the previous breakout zone, which aligns with a demand zone (green box).
This area could serve as a bullish...
#XAUUSD
👉 #UPDATE
The price fulfilled my last idea. It got to the SUPPLY zone and started a massive correction to the upside.
The market formed a double bottom, had a market structure break and pushed up based on institution sponsorship and I currently spot a RETURN TO THE ORIGIN of the move from yesterday at 2020.320.
When that price is reached and orders are...
XAUUSD is approaching a DAILY VALIDATION POINT identified with a yellow line in 2018.590. We can also see that the price is inside a FOUR-HOURS DEMAND ZONE, possibly LONGS from the demand after we get a CHOC, spot SOS and RTO to the discount price orders are filled.
TARGET is psychological level 2050.
