Gold Futures and the BOS Brearish Movement Steps In?

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After a clear break of structure and consistent rejection below the 209 EMA, price is retracing toward a key zone of confluence between 3347–3379.

This area aligns with:

Former demand turned supply (OB)

Volume cluster (high activity zone)

RSI hidden bearish divergence

Fair Value Gap (inefficiency fill target)

My expectation: a short-term bullish correction (blue) into that zone, followed by a high-probability sell-off (red) toward 3306–3290.

Bias: Bearish unless price reclaims 3394+
Strategy: Smart Money + Volume Profile + RSI Confirmation

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