$GNO is currently retesting the 120–121 resistance area after a small rejection pattern, with price action showing weakness and formation of lower highs.

Short Trade Plan — $GNO (up to 10x leverage)

Entry Zone: 119.50 – 120.50

Stop Loss: 122.00

Take Profit:

TP1: 118.00

TP2: 117.00

TP3: 115.50

The price has bounced slightly from support, but bullish momentum is fading as buyers struggle to break above the previous high. If the 120–121 supply zone remains intact, a downward move toward the nearby liquidity zone is more likely.

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