SMART MONEY CONCEPT (SMC)

📊 Bullish Analysis – GOLD
1. Bearish Zone Mitigation
Price fully mitigated the areas where institutions had pending orders → sweeping liquidity.
2. Change of Character (ChoCh) + BOS
The deep pullback created a ChoCh and later a BOS, confirming bullish continuation.
3. Fake Out + Rejection
A possible fake out around current levels before confirming rejection and resuming the bullish leg.
4. Target 3,767 🎯
Next target is projected at 3,767, aiming to form a new Higher High (HH).

✅ Conclusion: Institutions have completed the reset, and now the outlook favors bullish continuation. GOOD LUCK TRADERS… ;)