OPEN-SOURCE SCRIPT
Gold Zones - Static Simplified

1. The "Memory" of the Market
Each zone is created by clustering multiple Pivot Points (swing highs and lows). A zone with "10 touches" is significantly more powerful than one with "3 touches" because it shows that every time Gold reached that price, a large number of orders were triggered.
2. The "Break and Retest" Mechanism
This is the core logic of the strategy.
The Break: When Gold moves with high momentum through a zone (e.g., breaking above a Resistance zone), it signals that the balance of power has shifted to the buyers.
The Retest: Once the breakout happens, "trapped" sellers often close their positions, and new buyers wait for a better price. Price usually returns to the top edge of the broken zone. What was once a "Ceiling" (Resistance) now becomes a "Floor" (Support).
3. Zone Strength & Interpretation
Support Zones (Price is above): These are "Buying Floors." You look for the price to dip into these gray boxes and show rejection (long wicks) before entering a long position.
Resistance Zones (Price is below): These are "Selling Ceilings." You look for the price to rally into these boxes and stall before considering a short position.
Thickness of the Zone: A wider zone indicates a highly volatile area where price struggled to find a clear direction. A thinner, tighter zone represents a very precise level where the market reacted instantly.
Each zone is created by clustering multiple Pivot Points (swing highs and lows). A zone with "10 touches" is significantly more powerful than one with "3 touches" because it shows that every time Gold reached that price, a large number of orders were triggered.
2. The "Break and Retest" Mechanism
This is the core logic of the strategy.
The Break: When Gold moves with high momentum through a zone (e.g., breaking above a Resistance zone), it signals that the balance of power has shifted to the buyers.
The Retest: Once the breakout happens, "trapped" sellers often close their positions, and new buyers wait for a better price. Price usually returns to the top edge of the broken zone. What was once a "Ceiling" (Resistance) now becomes a "Floor" (Support).
3. Zone Strength & Interpretation
Support Zones (Price is above): These are "Buying Floors." You look for the price to dip into these gray boxes and show rejection (long wicks) before entering a long position.
Resistance Zones (Price is below): These are "Selling Ceilings." You look for the price to rally into these boxes and stall before considering a short position.
Thickness of the Zone: A wider zone indicates a highly volatile area where price struggled to find a clear direction. A thinner, tighter zone represents a very precise level where the market reacted instantly.
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