BUT BE CAUTIOUS OF BEARISH REJECTION NEAR $2935

#XAU/USD#

📊 Market Overview & Key Levels
• Current Price: $2,926.38
• Major Resistance (R3): $2,950.016
• Recently Broken Resistance (Now Support - R2): $2,940.010
• Key Dynamic Support (50 EMA): $2,935.000
• Psychological Support (S1): $2,920.283 - $2,915.500

📌 Gold is attempting to rebound from support near $2,920 but faces resistance near $2,935.

📉 Institutional Order Flow & Liquidity Analysis

🔍 Key Observations:
• Gold found liquidity at $2,915 - $2,920 and is bouncing.
• Institutions are accumulating near this level, preventing further downside.
• Buy orders are increasing near $2,920, suggesting a short-term bullish reaction.
• If price fails to reclaim $2,935, a rejection could trigger another leg down.

📌 Institutions are likely to push price toward $2,935 - $2,940 before deciding the next move.

📈 Technical Indicator Breakdown
• RSI (7): Near 40 (Oversold region, potential short-term bounce).
• MACD: Bearish, but histogram shows signs of weakening.
• 50 EMA & 200 EMA: Bearish structure, with resistance at $2,935.
• VWAP: Currently acting as resistance near $2,935 - $2,940.

📌 Momentum still favors bears, but a relief rally toward $2,935 - $2,940 is possible.

🟢 High-Confidence Buy Setup

📌 Buy Entry Zone: $2,920 - $2,926
📌 Stop-Loss (SL): $2,915 (Below liquidity sweep)
📌 Take-Profit (TP):
• TP1: $2,935
• TP2: $2,940
• Maximum TP: $2,950

Risk-Reward Ratio (R:R) = 3:1

⚡ Ultra-Aggressive Execution Plan

✅ Confirmation to Enter Long:
• If price holds above $2,920 and RSI remains above 40, enter long.
• If large buy orders appear in order flow, institutions are accumulating.
• If price closes above $2,930, bullish momentum may continue toward $2,935 - $2,940.

🚨 FINAL VERDICT – BUY AT $2,920 - $2,926 IF BULLISH CONFIRMATION HOLDS.
Target $2,935 - $2,940, but be cautious of bearish rejections near $2,935.