Buyers hit a ceiling and price is pretty much bouncing between 2 key levels I have them marked up as Supply & Demand zones on the 4HR TF.
Bulls climbed up hit a ceiling and struggling... we have a failure to make new highs for third time now. we have a head & shoulders pattern forming with the lower high pinbar respecting downtrend for the win, i can smell the bears from a mile away lets eat!
when it comes to AU everything checks off bullish from the top down
Price hit a weekly Supply zone that it hasn't seen since 2018, because of the wick rejections and a sudden shift in momentum of price we can expect selling opportunities. On the 4HR tf however, price has been playing between 2 key levels and formed a W on a buy area.