Gold just reacted from a key zone… 👀
Gold is reacting from a key supply zone (4688–4692) right under the descending trendline, showing clear rejection. The market structure still favors sellers as long as the price stays below resistance.
Bias: Bearish
Key Level: 4690–4700
Targets: 4680 → 4670
If the price continues to respect this zone, we may see another push to the downside.
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