Detailed Price Action and Bar Action Analysis For Gold Charts 29/4/2025

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Detailed Price Action and Bar Action Analysis For Gold Charts 29/4/2025
![](https://images.ecency.com/DQmaxUVrr1m7XDkMCTXNhpeGrVbVG33NRgCqCAyCcSPKC9Y/screenshot_2025_04_29_16.17.08.png)
![](https://images.ecency.com/DQmQjauksdBUUQFp68oT1QjYAET4RBoWEfd1JbeyDskRGr8/screenshot_2025_04_29_17.37.43.png)

**The monthly candle currently shows a pullback after creating an all time high of 3,500.120 indicating a detailed clear of buy volumes in the monthly time-frame and leaving buyers who do not have stop losses placed hanging at the top which is what I called luring and accumulating buy volumes and then crash after accumulating enough volumes to clear and this is good example in the monthly time-frame as we can see. While the weekly time-frame didn't do much other than creating both top and bottom and and is now near the open candle price, so now price can break both sides depending on the amount of volumes on either sides.**

![](https://images.ecency.com/DQmSrW9vqBj3WoMLf9PitXfJsKCcEKqZB5rtSZvwrBahQft/screenshot_2025_04_29_18.17.09.png)

**The 4 hour time-frame right now doesn't have a spot to play because both suitable entry spot have been used, this 1st time when it created and completed a reversal by closing below support at 3,335.283 and then sell when the next candle push up to clear sell volumes but without touching the reversal resistance(because touching means sell volumes start accumulating and price may push up even further.) is when I'll enter a sell position. And the next spot is when the price plunges to cross the daily support at 3,318.620 and then closed below that support which means the daily support is broken in the 4-hour time-frame(But not yet broken on the daily time-frame) and I'll enter another sell position when the price pushes up to clear sell volumes once again. And that's all the suitable sell position for today as the chart hasn't revealed any further price action yet, that is at least until the price plummets further to cross 3,300.00 or 3,293.030 support and then closed below either support before I'll enter another sell position when the price push up to clear and this time will place my stop loss because price may create another bullish reversal and starts rising again as the original trend is still bullish, and my stop loss will be place at the next resistance because if price rise up and touch the next resistance it will keep rising non-stop.**

**The best thing to do to improve your skills is to keep learning and front-testing(not backtest) because you can only analyze each and every actions is each candle as it moves to see what the market is doing, how it touches each support and resistance. Does it just crosses support and resistance and then pullback? Or does it touch and bounce repeatedly before breaking out? There are multiple sequences to each moves the candle plays out because different ways of moving has different ways of future price action and by knowing what each move is doing can you start predicting the the candle's movements.**
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