Gold Futures (GC1!) – Key Breakdown Holding, Equal Lows in SightGold FuturesCOMEX:GC1!PipAlchemy Gold is currently trading below a major intraday level (4,110–4,115) after a clean breakdown and rejection on the retest. That failed reclaim confirms this zone as new resistance, shifting the near-term structure bearish. Price is now sitting underneath a multi-touch level, and the market has a very obvious draw: the equal lows resting just below the 4,020 → 4,000 range. Market Structure Lower high formed after the sharp selloff Clear break in structure Retest of resistance was rejected Momentum continues to favor downside Liquidity Outlook There’s a cluster of untapped liquidity sitting beneath recent lows. Gold often sweeps these “equal lows” before making a meaningful move. Targets below include: 4,020 → 4,000 liquidity sweep 3,975 intermediate reaction zone 3,902 (higher-timeframe demand + major resting liquidity) As long as price remains below 4,110–4,115, the downside continuation remains the higher-probability scenario. Invalidation The bearish idea is invalidated only if gold reclaims 4,115 with strength. A clean break and hold above that level opens the door back into: 4,183 4,209 4,225 …where unfilled imbalance sits overhead. Bias Short-term bearish until equal lows are taken. Looking for continuation into the liquidity pool below before any meaningful bounce.