Why a Drop Makes Sense (Bearish Bias)
✔ Repeated rejections from the upper supply zone
The large purple zone around 4120–4130 has already rejected price multiple times
→ showing strong sellers there.
✔ Lower highs forming
The candles show a series of lower highs, meaning bulls are failing to push up.
✔ Price failing to break 4080–4090
This zone is acting as strong intraday resistance.
Your arrow shows price retesting it — that is a typical retracement before continuation down.
✔ Repeated rejections from the upper supply zone
The large purple zone around 4120–4130 has already rejected price multiple times
→ showing strong sellers there.
✔ Lower highs forming
The candles show a series of lower highs, meaning bulls are failing to push up.
✔ Price failing to break 4080–4090
This zone is acting as strong intraday resistance.
Your arrow shows price retesting it — that is a typical retracement before continuation down.
We share XAUUSD (Gold) signals based on market analysis.
Educational content to help traders make informed decisions.
Educational content to help traders make informed decisions.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.
We share XAUUSD (Gold) signals based on market analysis.
Educational content to help traders make informed decisions.
Educational content to help traders make informed decisions.
Clause de non-responsabilité
Les informations et publications ne sont pas destinées à être, et ne constituent pas, des conseils ou recommandations financiers, d'investissement, de trading ou autres fournis ou approuvés par TradingView. Pour en savoir plus, consultez les Conditions d'utilisation.