Gold Chart Review, Is The March Low The Next Target?Micro Gold FuturesCOMEX_MINI:MGC1!propfirmwiseHigher Timeframe Context Gold continues to respect bearish orderflow across multiple timeframes. - Daily chart created SMT with Silver inside a Daily SIBI - Price traded above old Buy Side Liquidity and failed to continue higher - Multiple SMT confirmations formed during the retracement - Bearish FVGs remain untouched overhead 👉 As long as these bearish PD Arrays continue holding, lower prices remain favored. What Happened? Price engineered liquidity above previous highs before reversing aggressively lower. - Old Buy Side Liquidity was raided - SMT formed with Silver at the highs - Monthly Open acted as resistance - Bearish Fair Value Gaps formed during displacement - Strong sell-side delivery followed This type of price action often signals distribution rather than accumulation. Current Outlook The focus remains on the sell side until proven otherwise. As long as price trades below the bearish FVGs: - Bearish orderflow remains intact - Retracements into premium can be sold - March low remains a logical draw on liquidity A reclaim of the bearish FVGs would weaken this view, but for now the path of least resistance remains lower.