Gold Futures (Feb 2024) forum
Bearish Setup (favorable)
If price rejects again at 3377–3378, consider short entry with:
Target: 3371.5 > 3368 > 3364.8
Stop: Above 3380 (tight risk window)
Confluence: Order block + premium zone + LH structure.
Invalidation
Clean break and acceptance above 3381 would invalidate bearish bias short term and open path to 3385+.
If we don't have a reversal from this JAN 2025 TL, we could be looking into a price move towards the mid line of the bearish trendline.
I'm still holding my bullish bias, but I do want price to stay above the Jan 2025 TL.
