Gold (XAUUSD) Intraday Signal: Bearish Below 4,850
Analysis
Gold has tapped into a weak high near 4,880–4,900 and showed immediate rejection, confirming this zone as a premium supply area. The structure remains fragile, with price failing to hold above the recent BOS and starting to rotate lower.
Current price action shows a lower high formation after rejection, while price is hovering just above a mid-demand zone (~4,750–4,780). If this level fails, it will confirm continuation toward deeper liquidity pools.
The overall intraday flow is shifting bearish unless price reclaims the supply. The presence of stacked demand zones below suggests draw on liquidity toward 4,650 and potentially 4,550.
Trade Setup
Enter: Sell below 4,800
Stop-Loss (SL): 4,900
Target A: 4,700
Target B: 4,600