Gold is currently trading inside a well-defined bearish market structure after failing to break above the major resistance zone. Price continues to respect the descending trendline, while multiple Smart Money concepts suggest that sellers still have the upper hand unless a strong bullish breakout invalidates the current structure.
The recent rejection from the 4,130–4,140 resistance area confirms that this zone remains a significant supply and order block where institutional selling has repeatedly entered the market. Every attempt to push higher has been met with aggressive selling pressure, keeping the overall trend bearish.
After the latest decline, price has retraced into a Fundamental Volume Imbalance (FVI) area, which is acting as a temporary resistance. This retracement appears corrective rather than impulsive, suggesting that buyers currently lack enough momentum to reverse the broader trend.
The highlighted Fair Value Gap (FVG) around the 4,045–4,055 region is providing short-term support, but this zone is being tested multiple times. Repeated tests of the same support generally weaken its strength, increasing the probability of an eventual breakdown if sellers remain in control.
Below the FVG lies a significant Order Block near 4,020–4,035, which represents the next important demand area. If price closes below the FVG, this order block becomes the next logical downside target. However, if bearish momentum accelerates, even this demand zone may fail to hold.
The larger bearish projection points toward the Smart Money Positions Block around 3,960–3,975, where institutional buyers may begin accumulating positions again. This makes it the primary downside target if the current bearish structure continues to unfold.
From a technical perspective, the market continues to print lower highs, respects the descending trendline resistance, and remains below key supply zones. As long as price stays beneath the 4,130–4,140 resistance, sellers maintain the technical advantage.
Trading Outlook:
Bias: Bearish
Immediate Resistance: 4,095–4,100 (Volume Imbalance)
Major Resistance: 4,130–4,140 (Order Block / Supply Zone)
First Support: 4,045–4,055 (Fair Value Gap)
Next Support: 4,020–4,035 (Order Block)
Final Bearish Target: 3,960–3,975 (Smart Money Positions Block)
Conclusion:
The overall market structure continues to favor sellers while price trades below the major resistance and descending trendline. A rejection from the current imbalance zone could trigger another bearish leg toward the FVG and order block support. A confirmed breakdown below these demand areas would strengthen the probability of a move toward the Smart Money Positions Block. Only a sustained breakout and close above the major resistance zone would invalidate the current bearish outlook and shift momentum back in favor of buyers.
The recent rejection from the 4,130–4,140 resistance area confirms that this zone remains a significant supply and order block where institutional selling has repeatedly entered the market. Every attempt to push higher has been met with aggressive selling pressure, keeping the overall trend bearish.
After the latest decline, price has retraced into a Fundamental Volume Imbalance (FVI) area, which is acting as a temporary resistance. This retracement appears corrective rather than impulsive, suggesting that buyers currently lack enough momentum to reverse the broader trend.
The highlighted Fair Value Gap (FVG) around the 4,045–4,055 region is providing short-term support, but this zone is being tested multiple times. Repeated tests of the same support generally weaken its strength, increasing the probability of an eventual breakdown if sellers remain in control.
Below the FVG lies a significant Order Block near 4,020–4,035, which represents the next important demand area. If price closes below the FVG, this order block becomes the next logical downside target. However, if bearish momentum accelerates, even this demand zone may fail to hold.
The larger bearish projection points toward the Smart Money Positions Block around 3,960–3,975, where institutional buyers may begin accumulating positions again. This makes it the primary downside target if the current bearish structure continues to unfold.
From a technical perspective, the market continues to print lower highs, respects the descending trendline resistance, and remains below key supply zones. As long as price stays beneath the 4,130–4,140 resistance, sellers maintain the technical advantage.
Trading Outlook:
Bias: Bearish
Immediate Resistance: 4,095–4,100 (Volume Imbalance)
Major Resistance: 4,130–4,140 (Order Block / Supply Zone)
First Support: 4,045–4,055 (Fair Value Gap)
Next Support: 4,020–4,035 (Order Block)
Final Bearish Target: 3,960–3,975 (Smart Money Positions Block)
Conclusion:
The overall market structure continues to favor sellers while price trades below the major resistance and descending trendline. A rejection from the current imbalance zone could trigger another bearish leg toward the FVG and order block support. A confirmed breakdown below these demand areas would strengthen the probability of a move toward the Smart Money Positions Block. Only a sustained breakout and close above the major resistance zone would invalidate the current bearish outlook and shift momentum back in favor of buyers.
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Aviso legal
As informações e publicações não se destinam a ser, e não constituem, conselhos ou recomendações financeiras, de investimento, comerciais ou de outro tipo fornecidos ou endossados pela TradingView. Leia mais nos Termos de Uso.