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Golddump

Selling Pressure will result in Change of story by tapping 3950Gold Technical Outlook The selling pressure in Gold since the London session opened has been extremely strong. This momentum could lead to a mitigation of the major support zone around $3,950 – $3,980. A downward parallel channel is clearly visible on the chart, providing an additional confluence for bearish momentum. As long as the 1-hour candle does not close above $4,065 , the bearish bias remains valid. 🔹 Trade Setup (Sell Plan) Entry Zone : $4,055 – $4,060 Stop Loss : $4,072 Targets : Major support zone at $3,950 – $3,980 🧭 Bias : Strongly Bearish 💡 Watch for any break and close above $4,065 to
TVC:GOLDShort
by leya_about-Trading
Gold Bearish Bias for the Day📅 Tuesday, Oct 21, 2025 🕓 4H Timeframe 1️⃣ Market Context After a strong impulsive bullish run, GOLD is currently consolidating near a heavy supply zone ($4340–$4370). Price has failed to make a new higher high and is now showing early signs of exhaustion — potential short-term distribution in progress. 2️⃣ Bias: Bearish (Intraday/Short-Term) Expecting a retracement or corrective leg back into the previous demand zone ($4200–$4230). This could form a clean short-term sell opportunity before the next major bullish continuation resumes. 3️⃣ Trade Plan Entry Zone: 4340–4360 (Short/Sell entries from premium supply zone) Stop Loss: Above 4375 (above previous swing high / invalidation) Targets: TP1 → 4290 TP2 → 4250 TP3 → 4205 (final demand zone retest) RRR: 1:3+ potential depending on entry precision 4️⃣ Confirmation Triggers ✅ Bearish engulfing or rejection wick from supply zone ✅ BOS (Break of short-term structure) on lower TF (1H/15M) ✅ Volume drop on retest = ideal entry signal 5️⃣ Intraday Summary If GOLD holds below 4360 — bias stays bearish. Only a clean 4H close above 4375 will flip structure bullish again. Until then, focus on shorting premium areas toward discount levels below $4250. 💬 Conclusion: "Sell the premium, buy the discount" — today GOLD looks ripe for a controlled bearish correction before the next leg up. Stay patient, wait for confirmation, and don’t chase longs inside supply.
TVC:GOLDShort
by Champ_of_Gold
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