BUT BE CAUTIOUS OF BEARISH REJECTION NEAR $2935
📊 Market Overview & Key Levels
• Current Price: $2,926.38
• Major Resistance (R3): $2,950.016
• Recently Broken Resistance (Now Support - R2): $2,940.010
• Key Dynamic Support (50 EMA): $2,935.000
• Psychological Support (S1): $2,920.283 - $2,915.500
📌 Gold is attempting to rebound from support near $2,920 but faces resistance near $2,935.
📉 Institutional Order Flow & Liquidity Analysis
🔍 Key Observations:
• Gold found liquidity at $2,915 - $2,920 and is bouncing.
• Institutions are accumulating near this level, preventing further downside.
• Buy orders are increasing near $2,920, suggesting a short-term bullish reaction.
• If price fails to reclaim $2,935, a rejection could trigger another leg down.
📌 Institutions are likely to push price toward $2,935 - $2,940 before deciding the next move.
📈 Technical Indicator Breakdown
• RSI (7): Near 40 (Oversold region, potential short-term bounce).
• MACD: Bearish, but histogram shows signs of weakening.
• 50 EMA & 200 EMA: Bearish structure, with resistance at $2,935.
• VWAP: Currently acting as resistance near $2,935 - $2,940.
📌 Momentum still favors bears, but a relief rally toward $2,935 - $2,940 is possible.
🟢 High-Confidence Buy Setup
📌 Buy Entry Zone: $2,920 - $2,926
📌 Stop-Loss (SL): $2,915 (Below liquidity sweep)
📌 Take-Profit (TP):
• TP1: $2,935
• TP2: $2,940
• Maximum TP: $2,950
Risk-Reward Ratio (R:R) = 3:1
⚡ Ultra-Aggressive Execution Plan
✅ Confirmation to Enter Long:
• If price holds above $2,920 and RSI remains above 40, enter long.
• If large buy orders appear in order flow, institutions are accumulating.
• If price closes above $2,930, bullish momentum may continue toward $2,935 - $2,940.
🚨 FINAL VERDICT – BUY AT $2,920 - $2,926 IF BULLISH CONFIRMATION HOLDS.
Target $2,935 - $2,940, but be cautious of bearish rejections near $2,935. 
• Current Price: $2,926.38
• Major Resistance (R3): $2,950.016
• Recently Broken Resistance (Now Support - R2): $2,940.010
• Key Dynamic Support (50 EMA): $2,935.000
• Psychological Support (S1): $2,920.283 - $2,915.500
📌 Gold is attempting to rebound from support near $2,920 but faces resistance near $2,935.
📉 Institutional Order Flow & Liquidity Analysis
🔍 Key Observations:
• Gold found liquidity at $2,915 - $2,920 and is bouncing.
• Institutions are accumulating near this level, preventing further downside.
• Buy orders are increasing near $2,920, suggesting a short-term bullish reaction.
• If price fails to reclaim $2,935, a rejection could trigger another leg down.
📌 Institutions are likely to push price toward $2,935 - $2,940 before deciding the next move.
📈 Technical Indicator Breakdown
• RSI (7): Near 40 (Oversold region, potential short-term bounce).
• MACD: Bearish, but histogram shows signs of weakening.
• 50 EMA & 200 EMA: Bearish structure, with resistance at $2,935.
• VWAP: Currently acting as resistance near $2,935 - $2,940.
📌 Momentum still favors bears, but a relief rally toward $2,935 - $2,940 is possible.
🟢 High-Confidence Buy Setup
📌 Buy Entry Zone: $2,920 - $2,926
📌 Stop-Loss (SL): $2,915 (Below liquidity sweep)
📌 Take-Profit (TP):
• TP1: $2,935
• TP2: $2,940
• Maximum TP: $2,950
Risk-Reward Ratio (R:R) = 3:1
⚡ Ultra-Aggressive Execution Plan
✅ Confirmation to Enter Long:
• If price holds above $2,920 and RSI remains above 40, enter long.
• If large buy orders appear in order flow, institutions are accumulating.
• If price closes above $2,930, bullish momentum may continue toward $2,935 - $2,940.
🚨 FINAL VERDICT – BUY AT $2,920 - $2,926 IF BULLISH CONFIRMATION HOLDS.
Target $2,935 - $2,940, but be cautious of bearish rejections near $2,935. 
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.