Gold (MGC) | Is This the High of the Week?Gold FuturesCOMEX:GC1!DWoodzAfter three strong days of bullish momentum, Gold is starting to show signs that buyers may be losing steam. I'm not ready to call the top just yet, but we're reaching an area where I want to see how price reacts before making my next move. One thing that immediately caught my attention was the large gap down at today's session open. Rather than chasing price lower, I'd actually like to see the market retrace and attempt to fill that gap. The reaction there should tell us a lot about who is in control heading into the Asian Kill Zone. 📈 Bullish Scenario If buyers reclaim the gap, break above yesterday's high, and can hold those gains, then the uptrend remains intact and I'll continue respecting the bullish momentum. 📉 Bearish Scenario If price fills the gap but fails to reclaim value, followed by a break and acceptance below 4116, I'll view that as confirmation that sellers are beginning to take control. That would align with the larger bearish structure I'm seeing on the higher timeframes. I'm trying not to let my higher timeframe bias force trades. Yes, the Daily chart still favors the bears overall, but the intraday trend has been making higher highs and higher lows all week. Until that structure breaks, patience is key. For me, this session isn't about predicting the next move—it's about letting the market confirm which side is winning the auction. Key Levels I'm Watching 🔹 Yesterday's High – Bullish continuation if reclaimed and accepted above. 🔹 4116 – Bearish confirmation if price breaks below and accepts underneath. 🔹 Session Gap – The reaction here could determine the direction for the remainder of the week. As always, I'm letting price come to me rather than chasing moves. The best trades usually come after confirmation, not anticipation. What's your bias heading into Thursday? Are you expecting continuation higher, or do you think this rally is running out of steam? #Gold #MGC #Futures #PriceAction #OrderFlow #TradingView #COMEX #MarketStructure #ICT #SmartMoney #DayTrading #NOFOMOTrading