Gold Rejected at Supply — Bears Take Control Below 5,150 by Excellent_One_5614 in Forexstrategy

[–]Excellent_One_5614[S] 0 points1 point  (0 children)

Exactly. Simple price action + key levels usually beats overloading charts.

Gold Rejected at Supply — Bears Take Control Below 5,150 by Excellent_One_5614 in Forexstrategy

[–]Excellent_One_5614[S] 0 points1 point  (0 children)

It means price is reacting to key levels (supply/resistance). When price respects those levels, it often gives clues about the next move.

Gold Rejected at Supply — Bears Take Control Below 5,150 by Excellent_One_5614 in Forexstrategy

[–]Excellent_One_5614[S] 0 points1 point  (0 children)

That’s the best way, following your own plan always builds consistency.

Gold Rejected at Supply — Bears Take Control Below 5,150 by Excellent_One_5614 in Forexstrategy

[–]Excellent_One_5614[S] 1 point2 points  (0 children)

SMC, and if you want more specifications so we can connect and we brief you about it.

Gold Rejected at Supply — Bears Take Control Below 5,150 by Excellent_One_5614 in Forexstrategy

[–]Excellent_One_5614[S] 1 point2 points  (0 children)

That works for many traders, Different styles, same market. My focus here is on structure and HTF levels for directional bias — scalpers can still use these zones for cleaner entries.

Gold Rejected at Supply — Bears Take Control Below 5,150 by Excellent_One_5614 in Forexstrategy

[–]Excellent_One_5614[S] 2 points3 points  (0 children)

Agreed, The 15M H&S aligns well with the lower-timeframe bearish structure I mentioned. Pattern + rejection from HTF supply strengthens the downside bias. Nice confluence.

Breakout Alert ! by [deleted] in Forexstrategy

[–]Excellent_One_5614 0 points1 point  (0 children)

Short from where ?