XAUUSD Bearish is coming

XAUUSD Daily - Timeframe
daily timeframe for gold.

The article analyzes the structure of the price.
to look for a buy or sell position
according to the price cycle correctly

After Gold Rally or Rally Up
with fundamentals, We are still looking for sell points.
medium to long term

In the gold daily timeframe, there are 2 trends.
- main trend downtrend
- Secondary uptrend

The price is returning to significant resistance.
It is the resistance of the price in several months.
which has been tested more than 4 times
It's around 1830, that's where the sniper was planned.

Let's look at the next plan. that might happen
I'm looking for gold sell points.
in the medium - long term

Technical support reasons are as follows.

- Downtrend in TF W1
- Downtrend in TF D1
- The price is close to the key resistance 1830.
which is Major Price Structure
- Price has Supply RBD that has not been matched of order.
- In the area near each other, the price also has QML, or if you want to understand
QMC (quasimodo continuation)
- Around 1830 is a point where many techniques overlapped.
And it's where a lot of traders wait.
- And that area is also the 200% Fibonacci level.

The plan is to wait for the price to come back to 1830.
Then wait for the breakout of the bullish structure in a small time frame.
Whether it is a technical reversal signal
We need something called a confirmation of trade entry.

Although confirmation cannot make the win rate 100%.
But it's what we want, so wait, wait for the market to tell us.
We will trade as we see. We will not trade the way we think.

If there is no confirmation signal, do not enter the trade.
If the price breaks resistance 1830
This plan is canceled.

*Added with a short-term buy plan to follow the trend*
Around 1790 price has created a Demand Zone that has
Hidden Base in a smaller time frame This is also the point
The price has the highest volume (POC).

Wait for the price to drop and then buy according to the tide.
by looking for a confirmation signal in a smaller time frame


-Disclaimer: This information is not a recommendation to BUY or SELL. It is to be used for educational purposes only⠀
-Please note this is just a PREDICTION and I have no reason to act on it and neither should you.