Gold (XAU/USD) Intraday Signal: Bearish Rejection Below 4825
Analysis
Gold is showing a clear shift from bullish impulse to distribution, after forming a weak high near 4880–4900 supply zone. The strong rejection from that level followed by CHoCH and internal BOS to the downside confirms that smart money has started distributing positions.
The recent sharp drop into the 4650 demand zone was followed by a reactive bounce, but the structure of the rebound is corrective and weak, lacking momentum and failing to break previous lower highs. This indicates that buyers are not in control yet, and the move is likely a pullback into supply rather than a reversal.
Price is currently approaching a minor supply zone around 4800–4825, which aligns with previous structure breaks. As long as price remains below this level, the market is expected to continue lower toward deeper liquidity zones.
Trade Setup
Enter: Sell below 4800
Stop-Loss (SL): 4850
Target A: 4700
Target B: 4620