GOLD

Market Structure Overview (XAUUSD – M15)

The market is currently overall bearish, but in the short term we are seeing a pullback (retracement) inside a downtrend.

Price formed multiple BOS (Break of Structure) to the downside → confirms bearish trend
Recently, price is making higher lows (SS – small structure) → short-term bullish push
This is NOT a trend change yet — just a retracement into higher timeframe supply
Higher Timeframe Logic (M15 + M1 Confluence)
The red zone (M15 + M1 BE / Supply) is a strong area
This zone previously caused a sharp drop → indicates institutional selling
Price is now moving back into this area → looking for sell reaction

Meaning:
Big players are likely waiting here to push price down again