Gold remains under strong selling pressure in the short term.
After a sharp recent decline, the market is still reacting to U.S. election-related uncertainty, interest rate expectations, and changing risk sentiment. While gold may eventually find upside momentum again, the current structure still favors the short side for now.
In today’s trading session, I focused on the bearish trend and entered a short position based on the market flow. The key was not chasing the move, but waiting for a clean entry point where selling pressure was clearly visible.
For now, my view remains simple:
Gold may rise again someday, but in the short term, sellers are still in control.
Trade Review: Short bias maintained.
