Here’s my current outlook on Gold.
📉 Bearish bias continues after repeated rejections from the supply zone and trendline.
We’re currently sitting around a demand zone, but I’m watching for a potential pullback into the lower supply area. If price reacts from there and fails to break higher, I’ll be looking for short opportunities targeting the demand zone at 3142, and potentially further down toward 3082.
🛑 No entries yet — I’ll be waiting for a cleaner rejection and confirmation before considering any setup.
⚠️ DISCLAIMER:
This is my own analysis and I’m still learning. Please do your own research and be careful with your risk management. This is not financial advice.
📉 Bearish bias continues after repeated rejections from the supply zone and trendline.
We’re currently sitting around a demand zone, but I’m watching for a potential pullback into the lower supply area. If price reacts from there and fails to break higher, I’ll be looking for short opportunities targeting the demand zone at 3142, and potentially further down toward 3082.
🛑 No entries yet — I’ll be waiting for a cleaner rejection and confirmation before considering any setup.
⚠️ DISCLAIMER:
This is my own analysis and I’m still learning. Please do your own research and be careful with your risk management. This is not financial advice.
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