Alright fam, Monday’s XAUUSD daily candle just closed, and let me tell you — today’s price action was about as exciting as lukewarm tea. In fact, what we just witnessed might be another “No Demand” (ND) candle trying to sneak into the spotlight. But plot twist incoming: Tuesday will either confirm it… or throw it in the trash like last week’s leftovers.
Here’s the deal:
- If Tuesday closes bullish with volume higher than Monday, then this ND candle is exposed as a fake — just a poser.
- If Tuesday closes bearish with higher volume, boom — confirmation. The ND candle is real and it’s got commitment issues.
- If Tuesday closes bullish but with lower volume, guess what? That candle might just be another ND trying to join the “No Demand” club.
Anyway, despite the price doing its best impression of a moody teenager, my bias remains firmly bearish. Why? Because the golden supply zone at 3340–3350 hasn’t been broken. It’s still standing strong like that one bouncer outside a shady nightclub.
Today? Price hit 3339 (nice try, Gold), dipped to 3292, and closed at 3325. Remember that 3290 level I talked about before? Yeah, price dipped its toe in, flirted with the bulls, then ran back up — but not convincingly. Monday’s close is giving off major “I’m a No Demand candle, notice me” energy.
So what’s next?

- This could be the start of an upthrust — a cheeky move up to trap the buyers before falling off a cliff.
- Or it could just drop from right here without even saying goodbye — classic Gold behavior.
Now listen, the 3340–3350 supply zone is still my golden heartbreak hotel. But if Gold does manage to break through it (please don’t), I’m watching another shady area ahead: 3352–3366 — another red flag zone where Gold could pull a textbook upthrust and crash back down, like a kid overdosing on sugar.
If the market skips the drama and just decides to fall now, here’s your Demand Zone crash pad lineup:
- 3310–3300: First potential nap zone.
- 3292–3280: Where some bulls might attempt CPR.
- 3275–3265: Okay, now things are getting serious.
- 3250: An RBS (Resistance Becomes Support) level — might as well be Gold’s version of “last chance before therapy.”
But hold your horses, bulls. If Gold wants to go full “I’ve changed” mode and climb up bullishly, it needs to break:
- That 3340–3350 supply wall
- Then survive 3352–3366
- And only after breaking 3377 (previous lower high) will I consider saying: “Hmm… maybe we’ve got a bullish structure shift.”
Until then? I’m not buying it — literally and emotionally.
By the way, the recent high of 3339 that Gold proudly printed before rolling over? Yup, that was a perfect SBR zone (Support Becomes Resistance). It acted like an ex saying “We’re just friends” while blocking your number.
So in conclusion:
- Still bearish
- Still unimpressed
- Still not giving financial advice
This is not a trade signal. I’m not your broker, your astrologer, or your emotionally supportive candle therapist. Use your own brain when trading, and if your account cries? That’s between you and your SL. I warned you — I even drew levels.
PS: If you profit from this, send biryani.
If you don’t, don’t @ me crying. Gold did what it always does — act unpredictable and toxic during Mercury retrograde.
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