Gold Market Shifts from Bullish Expansion to Bearish Structure
The Gold market has undergone a significant transformation over time, reflecting changes in buyer and seller activity. Initially, bullish candles dominated, indicating strong demand after a major low formation. Each candle created higher highs and higher lows, confirming that buyers were gaining control. The consistent bullish bodies showed that strong demand was entering the market.
During this expansion phase, small pullback candles appeared but did not signal reversals; instead, they represented temporary profit-taking before buyers continued the trend. These retracement candles respected previous support areas, demonstrating that buyers were defending the structure. The absence of strong bearish candles during this move confirmed that sellers were unable to stop the bullish momentum.
The market's shift toward premium zones led to large bullish candles with aggressive buying pressure. These candles created displacement in price and left behind Fair Value Gaps (FVGs) as buyers moved too quickly for the market to rebalance. The formation of a major swing high near the top area showed that buyers were losing strength and sellers were becoming active.