Gold Analysis (60 IPDA range) idea

After conducting an analysis of the past 60 IPDA days using a PD array matrix, I have identified several areas where the price has the potential to go from a discounted state (green highlighted area) to a premium state (red highlighted area). As the price approaches the Equilibrium level, which has historically been a highly responsive area with repeated instances of price rejection, it is a key area to monitor!

In anticipation of the price reaching the premium level, it is probable that price could go lower at these key levels; Mitigation block, Bearish FVG or previous support/resistance at Equilibrium. This Equilibrium level is a strong area and price could potentially have a major reaction at this level. The institutional order flow of the last 60 IPDA data is Bearish.

Considering this analysis, I would appreciate hearing your thoughts!