SMC Market Update
Gold is currently trading near 4690, maintaining a strong bearish structure after multiple downside BOS confirmations.
The current move appears to be a retracement into premium zones, offering potential positioning opportunities.
🔍 Market Structure (SMC)
• Multiple BOS → strong bearish trend
• No bullish ChoCH on higher timeframe
• Retracement into FVG imbalance zones
👉 Bias: Bearish trend with short-term pullback
📊 Key Zones
Sell Zones
• 4720 – 4760 (FVG + Fib confluence)
• 4780 – 4880 (Major supply)
Demand Zone
• 4520 – 4550
Gold remains bearish overall, with current upside move likely a retracement before continuation lower.
For more info :https://t.co/ELFbqwE38H
#XAU/USD# #gold# #GOLDTODAY# #Signal#
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