Description
> Gold – Long Setup Breakdown
After a clean break to a new Higher High, price pulled back aggressively on volume. A lot of traders will label that red spike as bearish — but let’s unpack what’s really happening.
1. Structure Held
Despite the drop, the move respected the previous demand zone — a classic smart money move to test liquidity before continuation.
2. Volume Spike (Red Candle):
Could be:
A shakeout of late buyers, or
Aggressive shorting that got absorbed just above the key structure.
3. Quick Reclaim + Tight Base:
Price reclaimed the zone fast and started building a tight consolidation just above the reclaimed zone — that’s usually a sign of pre-expansion energy.
4. Buy Stop Cluster Potential:
The current compression hints at stops above being used as fuel for the next impulsive leg.
I'm positioning long here — not because of the breakout, but because of the retest that held above demand with signs of absorption and continuation.
But I want your take:
Is this absorption by smart money or a bull trap?
Would you wait for a second retest, or is this the real deal?
How do you interpret that red volume spike?
Drop your thoughts 👇 Let's build sharper analysis through debate.
> Gold – Long Setup Breakdown
After a clean break to a new Higher High, price pulled back aggressively on volume. A lot of traders will label that red spike as bearish — but let’s unpack what’s really happening.
1. Structure Held
Despite the drop, the move respected the previous demand zone — a classic smart money move to test liquidity before continuation.
2. Volume Spike (Red Candle):
Could be:
A shakeout of late buyers, or
Aggressive shorting that got absorbed just above the key structure.
3. Quick Reclaim + Tight Base:
Price reclaimed the zone fast and started building a tight consolidation just above the reclaimed zone — that’s usually a sign of pre-expansion energy.
4. Buy Stop Cluster Potential:
The current compression hints at stops above being used as fuel for the next impulsive leg.
I'm positioning long here — not because of the breakout, but because of the retest that held above demand with signs of absorption and continuation.
But I want your take:
Is this absorption by smart money or a bull trap?
Would you wait for a second retest, or is this the real deal?
How do you interpret that red volume spike?
Drop your thoughts 👇 Let's build sharper analysis through debate.
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免責聲明
這些資訊和出版物並不意味著也不構成TradingView提供或認可的金融、投資、交易或其他類型的意見或建議。請在使用條款閱讀更多資訊。