XAUUSD — Bearish Structure Holds, Sell From OB Remains Priority
Gold is trading around $4,008 after reacting from the lower range and retesting near the short-term supply area. Although price has shown a recovery attempt, the main structure is still bearish while gold remains below the day high around $4,044 and below the OB sell zone.
From an SMC perspective, gold created a BOS to the downside, then pulled back into a potential OB reaction area. This kind of movement often shows a bearish continuation setup, especially when price fails to reclaim the previous high and starts rejecting from the supply zone.
The main area to watch is $4,020–$4,030. If gold retests this OB zone and shows bearish rejection, sellers may push price back toward sell-side liquidity around $3,973. A clean break below that liquidity area could open the path toward the low near $3,958 and the deeper target zone around $3,930 before the end of the week.
Sell setup 1
Condition:
Gold retests the OB sell zone around $4,020–$4,030 and forms bearish rejection with lower timeframe MSS / CHOCH.
Entry: $4,020–$4,030
SL: above $4,045
TP1: $3,990
TP2: $3,973
TP3: $3,958
Sell setup 2
Condition:
If gold breaks below $3,973 and retests this level as resistance, bearish continuation remains valid.
Entry: below $3,973 after retest
SL: above $3,995
TP1: $3,958
TP2: $3,945
TP3: $3,930
Buy setup
Condition:
Buying is not the priority. A buy setup is only valid if gold breaks above $4,045, holds above the day high, and confirms bullish MSS / CHOCH.
Entry: above $4,045 after breakout retest
SL: below $4,015
TP1: $4,065
TP2: $4,085
TP3: $4,100
Key levels
Current price area: $4,008
OB sell zone: $4,020–$4,030
Day high: $4,044
Sell-side liquidity: $3,973
Low area: $3,958
Target zone: $3,930
Bearish continuation confirmation: clean break below $3,973
Bullish invalidation: clean 1H close above $4,045
My current view is that gold is still holding a bearish structure. The recovery is only a pullback as long as price stays below the OB and day high. The Prime Gold plan is to wait for price to retest the OB sell zone, confirm rejection, then follow the move toward lower liquidity.
No confirmation, no trade.
Gold is trading around $4,008 after reacting from the lower range and retesting near the short-term supply area. Although price has shown a recovery attempt, the main structure is still bearish while gold remains below the day high around $4,044 and below the OB sell zone.
From an SMC perspective, gold created a BOS to the downside, then pulled back into a potential OB reaction area. This kind of movement often shows a bearish continuation setup, especially when price fails to reclaim the previous high and starts rejecting from the supply zone.
The main area to watch is $4,020–$4,030. If gold retests this OB zone and shows bearish rejection, sellers may push price back toward sell-side liquidity around $3,973. A clean break below that liquidity area could open the path toward the low near $3,958 and the deeper target zone around $3,930 before the end of the week.
Sell setup 1
Condition:
Gold retests the OB sell zone around $4,020–$4,030 and forms bearish rejection with lower timeframe MSS / CHOCH.
Entry: $4,020–$4,030
SL: above $4,045
TP1: $3,990
TP2: $3,973
TP3: $3,958
Sell setup 2
Condition:
If gold breaks below $3,973 and retests this level as resistance, bearish continuation remains valid.
Entry: below $3,973 after retest
SL: above $3,995
TP1: $3,958
TP2: $3,945
TP3: $3,930
Buy setup
Condition:
Buying is not the priority. A buy setup is only valid if gold breaks above $4,045, holds above the day high, and confirms bullish MSS / CHOCH.
Entry: above $4,045 after breakout retest
SL: below $4,015
TP1: $4,065
TP2: $4,085
TP3: $4,100
Key levels
Current price area: $4,008
OB sell zone: $4,020–$4,030
Day high: $4,044
Sell-side liquidity: $3,973
Low area: $3,958
Target zone: $3,930
Bearish continuation confirmation: clean break below $3,973
Bullish invalidation: clean 1H close above $4,045
My current view is that gold is still holding a bearish structure. The recovery is only a pullback as long as price stays below the OB and day high. The Prime Gold plan is to wait for price to retest the OB sell zone, confirm rejection, then follow the move toward lower liquidity.
No confirmation, no trade.
Gold · SMC · 5+ years. t.me/+R38arB9C3aJhMWZl
Reading institutional footprints in XAUUSD — Order Blocks · FVG · Liquidity · Structure. Weekly outlook every Monday. Where smart money leads, we follow
t.me/+R38arB9C3aJhMWZl
Reading institutional footprints in XAUUSD — Order Blocks · FVG · Liquidity · Structure. Weekly outlook every Monday. Where smart money leads, we follow
t.me/+R38arB9C3aJhMWZl
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Gold · SMC · 5+ years. t.me/+R38arB9C3aJhMWZl
Reading institutional footprints in XAUUSD — Order Blocks · FVG · Liquidity · Structure. Weekly outlook every Monday. Where smart money leads, we follow
t.me/+R38arB9C3aJhMWZl
Reading institutional footprints in XAUUSD — Order Blocks · FVG · Liquidity · Structure. Weekly outlook every Monday. Where smart money leads, we follow
t.me/+R38arB9C3aJhMWZl
Related publications
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.