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Analyzing Plain Gold Chart with Exclusively Price Action 12/4/2025 by tricksowned

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· @tricksowned ·
Analyzing Plain Gold Chart with Exclusively Price Action 12/4/2025
![](https://images.ecency.com/DQmVBzFi1rNiExqBH3WRhVwuZhqaPKHs8p1whVrZgiVA5ub/screenshot_2025_04_12_22.42.33.png)

**The weekly candle had closed and it was able to close above previous candles and wicks without pulling back too much, indicating that the trend is still bullish. But closing above all candles and wicks can also be a sign for another incident to happen and that is the market's reversal because closing above all previous wicks can also be a sign of the market's incoming reversal as it is required to create a strong reversal. But since the reversal is still quite far from it's current price, we shouldn't be dwelling on it too much except for the fact that we've analyzed each points that the price would reach and that's all because we'll only be trading with the 4 hour time-frame as we're only using the higher time-frame as a reference to align each support and resistance and use them accordingly to how I trade the market.**

![](https://images.ecency.com/DQmYatqU1mkWaPYBpHvdeQMj74AEn57wgGVVeMxCYBaBVBs/screenshot_2025_04_12_22.55.34.png)

**The daily candle is also the same as the weekly candle as it was able to close above all previous candles and wicks, indicating a bullish trend still. But do note that If the market only wants to clear buy volumes off the market before rising further, the market would only crash until it almost touches a major support, but wouldn't touch it and then either reverse back up or pullback up because touching support would means allowing more buyers into the market and filling buy limit orders placed at support, and when buy volumes starts coming into the market, the market would have to crash first to clear off those volumes which means if the market is still rising, it would only clear buy volumes until before it touches a major support and then reversal from that spot. So the best place to place a buy limit would be at the supply(wicks) before the next major support and resistance.**

![](https://images.ecency.com/DQmPNfYLH1mi7BwTAmbhPYAmGMt6V8HJVk6fGoPKwWEkCK1/screenshot_2025_04_12_23.03.33.png)

**As we can see that the weekly and the daily time-frame is ready to create a reversal as it has fulfilled all conditions required to create a perfect and strong reversal. But the 4 Hour time-frame suggests otherwise as it isn't able to create reversal yet because the last candle before closing wasn't able to close above previous candles and wicks. This also means that price still have a chance of rising, but that doesn't mean the price will just rise directly at market open because it could also be crashing down hard clearing buy volumes from the market first and also pressuring buyers with orders to close their position due to the fear that the market is reversing and the price is gonna come back to their order no matter how low they've got their order. So never follow buy and never follow sell as the price can be manipulated to move however they like or depending on how many orders are there on the market on each side, but only try to buy when the price is clearing buy volumes dropping down. Since the market is clearing buy volumes, it also means that the market is looking to rise further but must first clear off unwanted volumes first which means that is where you wilI buy**

**I shouldn't be explaining too much about all this, but because I genuinely want you guys to stop lossing money to the market and then becomes desperate because debtors are calling or so. But this all also depends on your outlook in life, if your mindset is already good as it is, you may use what I taught to succeed further, but if not, I do hope that whatever I teach would slowly help change your twisted mindset in trading as trading isn't actually hard, but you guys just chose the easy way which isn't different from gambling.**
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