📊 SMC Analysis – GOLD 15M
• After the previous distribution and push to 4,005, price made a reset with a clean rejection at the support zone.
• A new Change of Character (ChoCH) and Break of Structure (BOS) confirmed continued institutional interest.
• Current projection: we may see a fake out and rejection before the next bullish leg.
• The market structure suggests continuation to the upside, targeting the 4,043 zone.
• Setup remains valid as long as price respects the support zone.
GOOD LUCK TRADERS…. ;)
• After the previous distribution and push to 4,005, price made a reset with a clean rejection at the support zone.
• A new Change of Character (ChoCH) and Break of Structure (BOS) confirmed continued institutional interest.
• Current projection: we may see a fake out and rejection before the next bullish leg.
• The market structure suggests continuation to the upside, targeting the 4,043 zone.
• Setup remains valid as long as price respects the support zone.
GOOD LUCK TRADERS…. ;)
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