21/07/2026
-1W Outlook
Gold remains in a strong weekly bearish trend, printing consecutive lower highs and lower lows after rejecting the major supply zone. As long as price stays below weekly resistance, sellers are likely to remain in control.
Any short-term retracement into the highlighted supply zone could provide a high-probability selling opportunity before the next impulsive move lower.
Best Sell Zone: 4,500–4,750
Target: 3,400–3,300
SL: Above 5,000
The weekly structure remains bearish until a strong breakout and weekly close above the supply zone invalidates this outlook.