GOLD analysis

the xauusd price is heavily controlled by the sellers now, the supply in control. it is likely to drop to the 2303 demand zone to see the reaction there . there are 2 scenarios. bounce up because in the higher timeframe it is still in the uptrend.
scenario 2 is that it might retrace deeper at the end of this month to confirm the upcoming sediment of the gold market. I will only focus on the structure not News.