#GOLD - The Macro Drop Is Not Finished Yet 👀:

$Gold is now sitting at a very critical region on the 1D time frame.
🪙I am tracking the structure using:
▫️100 EMA
▫️200 SMA
▫️300 SMA
▫️400 SMA
🪙And the message is clear:
▫️Gold bounced from the 300 SMA toward the 200 SMA,
▫️Then lost strength and came back to test the 300 SMA again.
▫️This is important because the 300 SMA + Fib 0.5 region near $3,999 is not just a technical level.
🪙It is:
📌 Psychological support
📌 Fib support
📌 Moving-average support
📌 A major trend decision zone
🪙Now the most important detail:
▫️This is the first time since October 2023 that gold is seriously wicking/closing around or below the 300 SMA.
▫️That means we are on the edge.
🪙My roadmap remains:
1️⃣ Drop toward the Fib 0.236 / 400 SMA region
2️⃣ Bounce back toward the $3,999 area
3️⃣ Final flush toward the macro support zone
4️⃣ Possible fake breakdown below major support to shake everyone out
5️⃣ Then the next cycle up begins
For me, the macro bottom region remains around the 400 SMA zone, which has been my target from day one. ($3,400)
Market makers do not make bottoms comfortable. They create fear first. ($2,700 MACRO CYCLE BOTTOM)
Structure > Emotion. ONLY FEW 🧠