XAUUSD – Bearish Continuation After Weak Pullback

Quick Analysis
– Market structure still bearish (LH + LL)
– Current move = weak pullback into supply (~4649)
– EMA acting as dynamic resistance
– No acceptance above → reaction only, not reversal

📉 Main Scenario (Short)
– As long as price stays below 4649 – 4680
➡️ targets:
TP1: 4541
TP2: 4433
TP3: 4325

🔁 Alternative
– Acceptance above 4680–4720 (close + BOS)

Note

Note

– Structure remains clearly bearish (LH + LL)
– We have CHOCH + BOS down → continuation confirmed
– Price is in a weak pullback into sell zone (4649–4660)
– EMA200 = resistance → no acceptance above

📉 Plan:
– Bias: SHORT
– Targets: 4570 → 4540 → 4433 → 4325

⚠️ Invalidation: only above 4680–4720 with real BOS

Trade active

– Bearish structure respected
– Clean supply reaction + LH confirmation
– Precise intraday execution

➡️ TP1 hit
➡️ TP2 hit

Market delivered exactly as expected based on SSM: liquidity taken → continuation in trend direction.

Trade closed: target reached

– Market structure remains bearish (LH + LL)
– Price still below 4610–4620 supply control
– Intraday targets already delivered → now pushing into discount zone

📍 4541.65 = major reaction level
– Confluence:

H1 discount zone
resting liquidity below lows
logical continuation of bearish impulse
🧠 Expected behavior

🟢 Scenario 1 – Reaction (short-term likely)
– Spike into 4540–4550
– Absorption + possible CHoCH (M5/M15)
➡️ pullback to:

4575
4590
max 4610 (sell zone again)

🔴 Scenario 2 – Continuation
– Clean break below 4540
– No rejection
➡️ targets:

4520
4500
4480 liquidity

Note

Perfect execution. Once again SSM is the right decision

Sergiu_SmartMoney

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Sergiu_SmartMoney