Gold Price Action

Hello everyone,

As you can see, I've marked a fresh Supply Zone along with a Volume observation. Notice how price is rising while volume is falling — this typically indicates a lack of buying interest or that buyers are stepping back.

From here, we could see two possible scenarios:

Price rejects the supply zone and begins to drop

Price breaks above the zone, signaling a potential continuation to the upside

⚠️ Don't forget: CPI news is scheduled for today, so be extra cautious.
Make sure you manage your risk, trade smart, and stay focused.

Wishing you all the best — happy trading! 📊💼