GOLD NOW IN CAPITALCOM: GOLD by alorabyakram2030 — TradingView

High Frame (Weekly and Daily): We note that the price broke out of the historical liquidity zone (Liquidity-H) at the 5,000 and 5,125 levels and started a strong correction wave.

Intraday Frame (1 hour/15 minutes): The current trend is slightly bullish (orange) within an ascending price channel. Price rebounded from a “reversal H” bottom around 4,100 and began to form higher tops and bottoms.

2. Analyze genres (SMC and harmonics)

SMC (Smart Money Concept): The “Order Block” (OB hour) area of ​​4,200 and the price gap (VG hour) of 4,300 are clearly visible. These areas represent the market maker’s “hidden orders.”

Volume Analysis: Recent bullish candles have seen an increase in trading volume, reinforcing the continuation of the intraday bullish trend.

3. Technical Indicators and Price Action

RSI: The index is currently in positive territory (above the 50 level), with positive divergence from recent lows supporting a rebound.

Price Action: We note a very strong “hourly candle” above the previous peak. This is a high buying potential candle, indicating the control buyers currently have.

4. Next artistic vision (scene)
A- Bullish scenario (currently possible)

Entering the Zone: If the return tests a breakout of the channel cap or the 4,450 zone.

Targets: The first target is 4,600 (previous peak), the second target is 4,735.

Stop Loss: Breakthrough of the 4,300 level (VG area).

B- Bearish scenario

Conditions: Breakout of the current ascending channel and close below 4,300 points.

Goal: Return to testing the main demand areas 4,200 and 4,100.

5. Final recommendations and the digital realm
regional price level
The current closing price is 4,519
Ideal entry zone 4,480−4,500
The first target is 4,600
The second target is 4,735
Stop loss 4,290
Advice for traders:

Since we are at the end of the trading week (from a vertical timeline perspective), it is advisable to be careful about the volatility heading into the opening session. Gold is currently in the recovery stage of strength, but still faces callback pressure from the historical high of 5125. Make your risk management key (R:R ideally 1:2 or higher).