Gold is experiencing a clear dominance of sellers with increasing selling pressure in the market, where strong liquidations of long positions have been recorded, reflecting a weakness in the upward momentum at the moment.
The price is currently trading under continuous selling pressure after failing to hold above important resistance areas, which confirms the continuation of the downward trend in the short term.
The Long/Short ratio leans towards selling, indicating that current rebound attempts are weak and may just be temporary corrections.
📉 Likely scenario:
If pressure continues, gold may move towards deeper support areas with a possibility of accelerating the downward movement.
📊 Plan (educational):
Trend: SHORT
Entry areas: Near weak rebound areas
Targets: Support after support
Stop loss: Above the last clear peak
⚠️ Note:
Capital management remains the most important factor, and chasing the price in a momentum-driven market is not advised.