📊 MJ Forex Academy – Gold Analysis (M15 Timeframe)

📊 MJ Forex Academy – Gold Analysis (M15 Timeframe)

At present, the M15 market structure for Gold is bearish. As long as price does not break and close above 3652, our bias remains bearish.

🔻 Bearish Scenario (Primary Bias)

• Supply Zone: 3348 – 3350

  • If price retraces into this zone and shows rejection, it can be considered for a sell opportunity.

  • The idea is that sellers are likely to defend this area, continuing the bearish momentum.

  • Risk Management: Place stop loss slightly above the supply zone to avoid getting trapped in false spikes.

🔺 Bullish Scenarios (High-Risk / Counter-Trend)

1️⃣ Buy near 3625 (risky setup):

• If Gold stabilizes and shows bullish rejection candles around 3625, a short-term bounce is possible.

• Since the broader structure is bearish, this is considered risky and should be traded with small risk allocation.

2️⃣ Break & Retest of 3652 (trend reversal confirmation):

• If Gold breaks and closes above 3652, it signals possible structure change.

• A retest of 3652 could then provide a buy opportunity, aligning with a potential shift from bearish to bullish bias.

⚠️ Risk Disclaimer

This outlook is for educational purposes only and does not represent financial advice or direct trade signals. Financial markets carry inherent risks, and you should never trade with money you cannot afford to lose. Always use proper risk management, position sizing, and a clear risk-to-reward plan before entering any trade.