{quote} If you see a 30m closing below 4031.815 it mean despite 4h rejection we can see bearish for the rest of London... I close only one scalp, but for now the mean is beeing respected where it matters. 4037.308, but only the first price validate London rotation. A 30m rejection you know... can count bulls will try again... Tipical....BUt need to be an acceptable rejection, almost no wick don't trust. {image}
{quote} 30min closed just above at near 4032, and now we see a move towards 4030 this is crazy moves.
Gold remains bearish after rejecting from the upper consolidation boundary and continuing its pattern of lower highs and lower lows. Price has now broken below the triangle-consolidation zone and is retesting the lower boundary around 4038-45 which aligns with previous liquidity. As long as price stays below the triangle resistance and fails to reclaim 4080 momentum favors further downside. The next bearish targets lie below the Strong Low zone aiming toward deeper liquidity and Fibonacci extensions. Bias: Sell below 4080 Sell Zone: 4045 - 4055...
{quote} {image} {image}{image}
