Take a look at the chart and see if you can guess which entry zone Henry is waiting for.
After the strong decline, Gold is beginning to show a short-term structural shift, with bullish CHoCH and BOS now appearing. However, this does not necessarily mean the broader trend has fully reversed yet.
Above the current price, the 4455 area remains an important reaction zone where a potential scalp SELL could appear. Meanwhile, if the market pulls back, the 4385 area is where Henry will watch the price reaction to evaluate whether the recovery can continue.
Further below, 4294 remains an important liquidity area, although with the current structure, the probability of Gold returning there immediately appears lower.
💡 This is only Henry’s quick market analysis as for today’s entry, take another look at the chart and see if you can figure out exactly where Henry is waiting.
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