10.22 Gold
Gold prices moved lower with the trend right from the start of the morning session, without offering an ideal entry point for a high-level short at any stage. It was not until the European session that the market accelerated lower again. After touching the 4066 double-bottom support level, prices quickly rebounded. This was also the key reasoning behind the earlier forecast that short positions could target 4080 and 4066.

In the remainder of the European session, focus on resistance around 4120–4130. If prices rebound into this area, continue to look for short positions. The overall market structure has not changed: sellers remain in control, and selling rallies remains the main strategy.

Gold
Short at 4105–4120, targets 4065–4030.
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