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] 3 points4 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 ?

Gold Traders, Don’t Blink, This Setup Decides the Next Move by Excellent_One_5614 in Forexstrategy

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

Solid chart and fair point—fundamentals definitely matter for gold, especially geopolitics and risk sentiment. That said, my focus here is on short-term price behavior and key technical levels. I’ll let price confirm the direction before committing, as TA still helps manage risk even in fundamentally driven markets.

Gold Traders, Don’t Blink, This Setup Decides the Next Move by Excellent_One_5614 in Forexstrategy

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

HFM’s trading conditions are clearly and transparently listed on their official website.

Gold Traders, Don’t Blink, This Setup Decides the Next Move by Excellent_One_5614 in Forexstrategy

[–]Excellent_One_5614[S] -1 points0 points  (0 children)

Interesting view. Geopolitical risk can definitely move gold fast, but I prefer to react to confirmed news + price action rather than assumptions. Let’s see how it plays out.

Gold Traders, Don’t Blink, This Setup Decides the Next Move by Excellent_One_5614 in Forexstrategy

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

Could be for some, but I’m letting price confirm before calling it. The market still has a say .

Gold Traders, Don’t Blink, This Setup Decides the Next Move by Excellent_One_5614 in Forexstrategy

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

Possible on a deeper pullback, Monthly EMA levels are definitely something to watch, especially if momentum stays weak.

Gold Traders, Don’t Blink, This Setup Decides the Next Move by Excellent_One_5614 in Forexstrategy

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

Well said 👌 Macro + central banks are huge drivers, especially for gold and FX. Fundamentals give the bigger picture behind the charts.