Gold Bearish from here on!

Gold has just broken the last valid higher low at 4643, and that changes the entire narrative.

This is a clear Change of Character (CHoCH), also referred to as a Market Shift (MS). The bullish structure that price was respecting is now invalidated. What we were previously treating as pullbacks are no longer just retracements, they’ve now turned into potential continuation moves to the downside.

With this shift, the market is signaling that sellers are stepping in with strength. Any short-term bullish moves from here should be treated cautiously, most likely as retracements into supply rather than true reversals.

Now the focus shifts to:

• Lower highs forming
• Supply zones holding
• Clean bearish continuation setups

This is where traders get caught, holding onto a bullish bias even after structure breaks. Don’t be that trader.

Adapt to what the market is showing, not what you expected.

Bias has shifted. Structure is bearish.
Now we trade accordingly!