SUPPORT AND RESISTANCE / PRICE ACTION

✅Gold managed to create a New All-Time High(ATH) at the beginning of the week.

🏃‍♂️Currently, Gold is moving near the 🔴PDL previous day low 🔴.

🌊According to the SMC / ICT concept, when market price sweep the liquidity, once the sell side liquidity has been swept completely then market will move further according to the direction of the trend.

💡Also, we can see Bearish momentum is very strong.

🔔I expect Gold to continue falling to at least the 🟢SUPPORT AREA🟢.

Gold Analyze ( XAUUSD ), 4-hour time frame ⏰.

Do not forget to put Stop loss for your positions.

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Now price reached at the support area if price rejected this support area than we look for buy. but if break below than we look for sell. After confirmation.

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