u/Just_Profit_2909

Gold Bleeding Lower Is the Bull Run Officially Over?

Price continues to trend lower with consistent lower highs and weak recovery attempts.

Supertrend remains overhead as resistance, keeping sellers firmly in control for now.

Resistance:

Immediate: 4692

Major: 4718

Support:

Immediate: 4650

Major: 4620

My View:

Momentum is still leaning bearish and buyers are struggling to reclaim structure.

Unless price pushes back above 4692, downside continuation toward lower supports remains likely.

What do you think are bears taking over or is a reversal brewing from these levels?

u/Just_Profit_2909 — 3 days ago

Price has broken above recent highs with strong momentum, continuing the bullish structure.

Supertrend flipped to support and buyers are clearly in control with higher highs forming.

Resistance:

Immediate: 4750

Major: 4800

Support:

Immediate: 4710

Major: 4680

My View:

This is a strong continuation move and dips are likely to get aggressively bought.

As long as price holds above 4710, upside expansion toward 4800 looks likely.

What do you think is this just momentum or the start of a bigger rally leg?

u/Just_Profit_2909 — 8 days ago

Price shows choppy movement with a sharp rejection followed by a quick bounce into resistance.

Still trading under the Supertrend, keeping the broader structure bearish despite short-term volatility.

Resistance:

Immediate: 4615

Major: 4640

Support:

Immediate: 4580

Major: 4550

My View:

This looks like a messy range with liquidity grabs on both sides.

Unless price cleanly breaks and holds above 4615, downside pressure is likely to resume.

What do you think is this accumulation before a push up or distribution for another leg down?

u/Just_Profit_2909 — 13 days ago

Price is in a clear downtrend, making lower highs and lower lows under the Supertrend resistance.

Recent breakdown shows strong bearish momentum with weak pullbacks and rising sell volume.

Resistance:

Immediate: 4580

Major: 4615

Support:

Immediate: 4445

Major: 4500

My View:

Momentum is strongly bearish and rallies look like selling opportunities.

Unless price reclaims 4580+, downside continuation toward 4500 looks likely.

What do you think dead cat bounce or more downside coming?

u/Just_Profit_2909 — 15 days ago

Price has broken down aggressively, slicing through key support with strong bearish momentum.

Momentum is extremely weak with no immediate signs of buyer absorption.

Resistance:

Immediate: 4659

Major: 4689

Support:

Immediate: 4629

Major: 4600

My View:

This kind of impulsive breakdown signals strong seller dominance, and catching a bottom here is risky. Unless price quickly reclaims 4660, further downside toward 4600 looks very possible.

What do you think continuation crash or bounce from oversold levels?

u/Just_Profit_2909 — 17 days ago

Most traders try to buy every dip and end up trading against momentum.

You don’t need to guess reversals when the trend is clearly showing direction.

Here’s a simple approach:

Identify the trend first.

Sell rallies when price keeps making lower highs.

Bearish clues: strong impulsive drop, lower highs forming, price staying below the moving average.

Bullish clues: higher lows forming, strong reclaim above resistance, price holding above the moving average.

The key is structure, not hope.

Wait for the pullback, then trade with the trend.

Simple trend-following works better than trying to catch bottoms.

Do you trade with the trend, or do you try to fight it?

u/Just_Profit_2909 — 17 days ago

Price is attempting to push higher after forming a base, testing short-term resistance.

Momentum is improving slightly, but overall structure still leans bearish.

Resistance:

Immediate: 4718

Major: 4729

Support:

Immediate: 4700

Major: 4660

My View:

Gold is trying to recover, but it’s still stuck below a strong resistance zone. A clean break above 4729 is needed to shift momentum bullish otherwise, this could roll over again.

What do you think breakout incoming or rejection back to lows?

u/Just_Profit_2909 — 18 days ago