GOLD/USD Suggests a bullish shift in market structure.

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GOLD/USD Suggests a bullish shift in market structure.GOLD (US$/OZ)TVC:GOLDJohnson671. Break of Structure (BoS) Marked near the recent swing high, indicating a break above previous resistance. Suggests a bullish shift in market structure. 2. Resistance Zone Highlighted above the BoS area. Price is currently interacting with this zone — a potential area of liquidity and reaction. 3. Supply Zone Marked leftward in the chart, indicating a previous area of heavy selling pressure. Possibly where institutional orders were filled. 4. FVG (Fair Value Gap) A price imbalance area, suggesting inefficient pricing between buyers and sellers. Often used by smart money traders to predict where price may return before continuing the trend. 5. Lower Low Identified as part of the bearish structure before the BoS. Confirms that the market had been in a downtrend prior to shifting bullish. 6. Entry Zone Defined just below the current price, marked in a red box. Represents the optimal entry area for a long trade — likely aligned with discounted price levels or demand zones. 7. Target Zone Marked in green above the resistance. Indicates the projected take-profit level, suggesting continuation of the bullish trend if resistance is broken and held. 8. Trendline Support A diagonal trendline supports the current upward momentum. Likely confirming higher highs and higher lows formation — a classic bullish trend indicator. --- 📈 Market Context Summary The market previously formed a bearish structure, making lower lows and testing supply. A significant break of structure (BoS) occurred, indicating a bullish reversal. Price is currently ranging near resistance, within a potential accumulation phase before a breakout. The setup suggests a long position entry around $3,318, with a target near $3,500. The chart is aligned with Smart Money Concepts (SMC) — using tools like FVG, supply/demand zones, and structure shifts. --- 💡 Professional Takeaway This is a bullish continuation setup using advanced price action and smart money concepts. The trader expects price to: Retrace into the entry zone (possibly to fill the FVG), Gain support from demand or institutional buying, Break resistance and push toward the target zone for a higher high.