$INIT After a prolonged downtrend, price is no longer making aggressive lower lows. Instead, it’s compressing near a key demand zone, showing signs of absorption rather than panic selling.

This range looks like a decision point:

• Holding above demand keeps a base-building scenario alive

• A clean reclaim and hold above the range high could open room for a trend shift

• Failure to hold support likely sends price to the lower liquidity pocket

Not a chase zone. This is a patience zone.
Let price confirm before bias turns bullish.

#INIT #PreciousMetalsPullBack