As we can see the sells are pretty stretched. we can expect some good pullbacks from 4H demand.
The 4H swing is still bearish. We can see some pullbacks till the 4H supply. As we can see some unmitigated POI in lower timeframes. This is going to be a countertrend trade.
There is a chance that the price will come to 4H Demand zone and pushing towards the 4H supply. And later to the deep 4H Demand within the Daily Demand. Always enter positions with lower timeframe confirmations(15m or 5m). The 4H swing is still bearish.
There is a good sell in the market and we are waiting the price to come to the sell zone again. we have a trade of 1:5 in 15min timeframe. If you are good at emotions, you can target to the deep down as shown with the help of path with a RR of 1:16
The gold is reacting at the supply zone. Hence we can sell the gold at H1 timeframe and will wait how the price moves.
As we can see here, the price is rejecting at the support level. So, I have taken a buy entry with around 1:4 RR.