Gold Rejection at 3500 :Signals Potential Top Formation

4月23日

Gold finally showing strong signs of a potential top formation after an extended bullish run. After weeks of anticipation, yesterday's price action finally delivered a significant rejection candle at the psychologically important 3500 level, which could be the reversal signal we've been waiting for .
It's worth noting that in such strongly bullish rally, tops often take longer to form than expected (Which we already seen last week and this week), with both time and price extensions being normal market behavior. However, the rejection at 3500 combined with the current technical setup suggests we may finally be seeing the reversal pattern developing.

From a trading perspective, I'm now waiting for a confirmation candle(Follow up from last day candle) to validate that the top is in place. If we see follow-through selling pressure today or tomorrow, this could present an excellent swing short opportunity. The target remains the psychological support level at 3000.

4月24日

交易开始

Going good , This trade is active now