Smart money concept analysis on Gold price
1. Market Structure: Currently transitioning to bullish with a CHoCH indicating a potential reversal from the bearish trend.
2. Key Zones:
Demand Zone: $2,620–$2,630 (strong low, institutional buying zone).
Supply Zone: $2,650–$2,660 (weak high, potential liquidity grab area).
3. Trade Ideas:
Long: Enter near $2,620–$2,630 if price confirms bullish momentum (e.g., BOS up).
Short: Look for rejection at $2,650–$2,660 if bearish signs appear.
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