CFDs on Gold (US$ / OZ)
Short
Updated

Gold – Distribution Before Drop

776
Gold – Distribution Before Drop

Gold is showing signs of exhaustion after the recent corrective bounce. The 3H market structure highlights a clear distribution pattern, as price continues to reject from the 4,100–4,250 supply zone. Repeated Break of Structure (BOS) signals that bearish momentum remains dominant.

Institutional activity suggests that liquidity is being built above local highs, preparing for another downside leg. The current market sentiment stays bearish as long as price trades below the key premium area. A confirmed rejection from this zone could trigger a decline toward the 3,904 liquidity pool.

Only a breakout and hold above 4,250 would invalidate this scenario and shift bias back to bullish accumulation.
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