GC1! 📉Update – Gold Since Friday the 13th, buyers have been squeezed and sellers have taken control of the market. The trend is currently bearish, and large buyers are not present. The price could drop toward the 3320 – 3298 zone. If this zone is broken, we could see a further decline toward 3255 – 3175. Today, while watching the New York session using order flow, we saw large buy orders hit the market. MGC1! We got the drop we wanted, but we didnt get a solid break below the 20EMA in the 15min Chart. This could be a fakeout if we break above 3345, possibly targeting 3362 - 3355 next. MGC1! I am looking for another entry for a short position, but price seems to be forming a wyckoff at this moment. We also still have the 5min 20EMA support to break. we might have one more leg up. I'll be watching for price behavior at 3349 -3350 range. MGC1! Umm why are we not selling ? We are in beautiful supply with a nice rejection . MGC1! Bears must be hibernating still... MGC1! volume dying... repeated rejection, flush most likely coming. MGC1! if we don't have a rejection, this is where I'm targeting this move to hit. MGC1! FVG filled, retest of Flag break and 20 EMA. we need a rejection on this area for a continuation down. MGC1! Breakout from the flag, but we still have the trendline + FVG MGC1! DAY 2 -- Sill holding my short 🤑🤑 Show more minds