GOLD/USD Green box projection shows expected bullish Gold FuturesCOMEX_DL:GC1!Johnson671. Initial Zone (Supply Zone) Marked as the first point of interest where price showed a significant reaction. Likely a zone of institutional activity or previous order block. Price rejected this area earlier, indicating strong selling interest. 2. Descending Channel (Flag Pattern) A clear bear flag or corrective descending channel pattern is drawn. Shows price pulling back towards a premium zone after a prior drop. Suggests potential continuation of bearish momentum after this pullback. 3. FVG & Liquidity Zone (Fair Value Gap) Highlighted FVG (Fair Value Gap) and zone of buy-side liquidity—potential draw for institutional traders. Price seems to be filling inefficiencies, a common behavior before major moves. 4. Resistance & Support Zones Horizontal resistance marked at the top where previous rejection occurred. Strong support below, marked with a green demand zone (likely for potential long setups if price taps into it). 5. Expected Move (Forecast Box) Green box projection shows expected bullish reaction from demand zone. Price is anticipated to dip into this zone, form a low, and then potentially reverse upwards (liquidity sweep and mitigation). 6. Volume Profile Shows high activity and value areas to the left, confirming areas of interest. Price reacting around high-volume nodes and gaps, suggesting smart money involvement. --- 📉 Bias & Outlook: Short-Term Bias: Bearish until price reaches the green demand zone (lower box). Medium-Term Bias: Bullish bounce expected after liquidity grab from demand zone. Invalidation: If price breaks below the demand zone without a bullish reaction. --- 🧩 Conclusion: This setup reflects a Smart Money Concept-based liquidity play, where price is correcting in a channel and aiming to tap a high-probability demand zone. Watch for confirmation of entry near the green box, potentially after a liquidity sweep or bullish engulfing, for high-RR trades.