GOLD PRICE STRUCTURE BREAKDOWN AND LIQUIDITY SHIFT BELOW 4000 📉
The spot price of gold has breached the 4000 level for the first time since November, signaling a significant shift in market structure. This decline represents a 1600 point retracement from the yearly highs of 5596, indicating that the previous bullish trend has lost its primary support base.
Current order flow suggests that the market is searching for new demand zones after failing to maintain the 5000 handle. With such a sharp move away from the all-time high, we are now looking for signs of stabilization or further distribution. What is your outlook on this trend reversal?
Not financial advice. Always manage your risk.
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