Gold Spot / U.S. Dollar
Short

XAU/USD Near Breakdown – Bears Eying Liquidity Sweep

95
Gold remains under pressure after a stronger-than-expected NFP print reduced near-term Fed rate-cut expectations.
The USD stays moderately supported, while weak risk sentiment keeps gold in a cautious, defensive phase.

📊 Technical Snapshot (H1–M30)

Price continues to reject the descending trendline and the supply zone 4,054–4,078.

Lower highs structure intact → bearish momentum remains dominant.

Liquidity pockets sit at 4,013 and especially 3,989, a key downside magnet.

Any pullback toward 4,054 is likely just a retest before continuation lower.

🎯 MMF Intraday Plan

Primary Bias: SELL – follow the trend

Sell 4,054–4,078
SL: 4,090
TP: 4,013 → 3,989 → 3,975

Countertrend BUY (only at deep liquidity):

Buy 3,985–3,990
SL: 3,972
TP: 4,013 → 4,054

⚡️ MMF View

As long as price stays below the trendline and lower-high structure, gold remains in distribution.
A sweep of the 3,99x liquidity zone is highly likely before any meaningful reversal can form.

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