Intraday Buying in Gold or Another Drop Coming?

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Gold has broken its trendline and shifted into a bearish structure, forming clear lower highs and lower lows. Price is currently reacting inside the Daily FVG, where a short-term intraday bounce is possible.

If price holds, we may see a push towards 4900–4950 to fill the imbalance. However, this move can be temporary.

The higher probability setup remains bearish — any rejection from the FVG zone can trigger another strong sell-off targeting 4700, 4500, and potentially 4315 (Monthly FVG).

Trade smart: Intraday buying is possible, but selling the rejection is the safer play.

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