Will XAUUSD Reclaim 4,750 or Continue Tanking from 4,700?

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Alright, time to break this down. After that sharp drop from the 4,760–4,770 zone, the bullish structure on XAUUSD is officially toast. The market’s now pulling back to the 4,680–4,700 area, and I’m watching for a strong bearish reaction here. This is a key FVG zone, and everything points to sellers stepping in to continue the downside move. I’m looking to short if price respects this level and rejects it properly.

The primary target here is 4,640–4,630, where there’s sell-side liquidity lurking. A decent OB sits around 4,628–4,645, and if the sellers stay in control, we could see the market press even lower, potentially breaking through 4,620. However, there's always the risk of the market flipping on us—if price pushes above 4,750 or closes strongly above the 4,765–4,770 range, I’m out. That would invalidate the bearish setup and show that the bulls are back in charge.

I’m confident in this short if we see the proper rejection at 4,680–4,700. The chart’s giving us a solid setup with a clear risk-to-reward if you’re patient enough to wait for the confirmation.

So, do you think XAUUSD is going to reclaim the highs and break above 4,750, or is this the beginning of a deeper sell-off? Drop your thoughts—let’s see if you’re in the same boat.
Operación activa
Currently, the price is consolidating in the FVG (Fair Value Gap) region, showing no strong momentum in either direction. At this point, there's no clear breakout, so we recommend waiting for further confirmation before taking any action.

Patience is key! Ensure you see a solid signal to avoid unnecessary risks. Stay tuned and let's keep watching for the next move.

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Operación cerrada: objetivo alcanzado
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FULL TP WITH +710PIPS
Nota
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+260pips buy zone

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