Gold is showing a clear bearish structure after rejecting from the resistance zone around 4545–4555. Price attempted a breakout but failed to hold above resistance, creating a possible fakeout move before continuation lower.
Current market structure still favors sellers as lower highs and weak bullish momentum are visible on the chart. If price stays below the marked supply zone, we can expect another downside move toward the 4490 support area.
📉 Trade Idea:
🔴 Sell Zone: 4540 – 4555
🛑 Stop Loss: 4570
🎯 Target 1: 4510
🎯 Target 2: 4493
🎯 Target 3: 4470
📊 Analysis:
Resistance rejection from supply zone
Bearish breakout structure remains valid
Weak retracement after impulsive drop
Sellers still controlling momentum
⚠️ Manage risk properly and wait for confirmation before entry.
Current market structure still favors sellers as lower highs and weak bullish momentum are visible on the chart. If price stays below the marked supply zone, we can expect another downside move toward the 4490 support area.
📉 Trade Idea:
🔴 Sell Zone: 4540 – 4555
🛑 Stop Loss: 4570
🎯 Target 1: 4510
🎯 Target 2: 4493
🎯 Target 3: 4470
📊 Analysis:
Resistance rejection from supply zone
Bearish breakout structure remains valid
Weak retracement after impulsive drop
Sellers still controlling momentum
⚠️ Manage risk properly and wait for confirmation before entry.
t.me/+naiiHJKAZzlhMGU8
t.me/+naiiHJKAZzlhMGU8
My Telegram Community
I Update Daily Basis Trade's
And Analysis For Free
Join Me Telegram Community
t.me/+naiiHJKAZzlhMGU8
My Contact User
t.me/+naiiHJKAZzlhMGU8
t.me/+naiiHJKAZzlhMGU8
My Telegram Community
I Update Daily Basis Trade's
And Analysis For Free
Join Me Telegram Community
t.me/+naiiHJKAZzlhMGU8
My Contact User
t.me/+naiiHJKAZzlhMGU8
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
t.me/+naiiHJKAZzlhMGU8
t.me/+naiiHJKAZzlhMGU8
My Telegram Community
I Update Daily Basis Trade's
And Analysis For Free
Join Me Telegram Community
t.me/+naiiHJKAZzlhMGU8
My Contact User
t.me/+naiiHJKAZzlhMGU8
t.me/+naiiHJKAZzlhMGU8
My Telegram Community
I Update Daily Basis Trade's
And Analysis For Free
Join Me Telegram Community
t.me/+naiiHJKAZzlhMGU8
My Contact User
t.me/+naiiHJKAZzlhMGU8
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.