Hi traders
Gold has not been able to close a candle above the equilibrium range (4114) for the 4-hour time frame for now, but it can have an upward movement to the resistance areas, pick up the rising liquidity, and then return to close a candle below the 4-hour equilibrium range (it can stabilize below 4067, in which case it will pullback to 4067 and 4090 and towards the sell).
For the resistances in question, 4171 - 4193 and 4208 - 4231 are two one-hour equilibrium resistances that the market has not yet pulled back to these numbers, and the 4-hour candle after the pullback should stabilize below these areas to confirm the continuation of the decline to low liquidity and sellers' TPs
Gold has not been able to close a candle above the equilibrium range (4114) for the 4-hour time frame for now, but it can have an upward movement to the resistance areas, pick up the rising liquidity, and then return to close a candle below the 4-hour equilibrium range (it can stabilize below 4067, in which case it will pullback to 4067 and 4090 and towards the sell).
For the resistances in question, 4171 - 4193 and 4208 - 4231 are two one-hour equilibrium resistances that the market has not yet pulled back to these numbers, and the 4-hour candle after the pullback should stabilize below these areas to confirm the continuation of the decline to low liquidity and sellers' TPs
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