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Gold stalls below key resistance after corrective rally. As prices move toward imbalance, the short-term structure loses momentum.
Market background
Headlines about the Iran negotiations have dampened current safe-haven demand, limiting upside expansion. However, uncertainty continues to support gold → creating a balanced range-driven environment.
Current annotation
On the hourly chart (H1), the price has formed an ascending channel, but multiple ChoCH signals have been issued, indicating weak bullish control. The recent push has pushed the price back into the FVG zone, suggesting efficiencies are being filled.
Trading areas you are interested in
🟥Liquidity selling area
Entries: 4679 – 4681
Verification: 4689
This area defines a strong rally + external liquidity and prices may clear before continuing lower. Compatible with bearish structures on higher time frames → Best to sell from high price areas.
🟩Liquidity buying area
Entries: 4440 – 4425
Verification: 4402
This area reflects the FVG area visible on the chart, where price is currently reacting and may form a short-term rebound. Falling within the opponent’s range → suitable for everyday interactions rather than complete reversals.
trading plan
Sell setup: Waiting for liquidity to be pulled to highs → Aiming for continuation of lows (risk-reward ratio ~1:3). Buy Setup: FVG Reaction → Quick correction on broader bearish backdrop.
future awareness
Watch out for failure to stay within the FVG → increases the likelihood of deeper continuation. If the price returns to the middle of the range, a push higher is more likely.
Conclusion
Prices are biased to the downside, while prices remain below strong highs. Do you expect gold to rebound from FVG or continue to fall?
