Gold Spot / U.S. Dollar
Short
Updated

XAUUSD — Bearish Structure, Sell Around OB

102
XAUUSD — Bearish Structure, Sell Around OB

Gold is trading around $4,057 after breaking down from the short-term recovery structure. Price has rejected from the upper reaction area and is now pressing directly into the sell-side liquidity around $4,055, showing that sellers are still controlling the current structure.

From an SMC perspective, gold has already shown a bearish shift after failing to hold the previous bullish recovery. The recent move created weakness below the local BOS area, then price dropped strongly into the lower liquidity zone. As long as gold stays below the $4,078–$4,085 OB sell zone and below the $4,121 buy-side liquidity area, the main structure remains bearish.

The main plan is to avoid buying too early while price is still under the OB zone. If gold pulls back into $4,078–$4,085 and forms bearish rejection, this area can act as the key sell zone before another downside continuation toward the buy scalping liquidity around $4,020–$4,030 and the lower OB zone near $3,960–$3,975.

Sell setup 1

Condition:
Gold pulls back into the OB sell zone around $4,078–$4,085 and forms bearish rejection with lower timeframe MSS / CHOCH.

Entry: $4,078–$4,085
SL: above $4,105
TP1: $4,055
TP2: $4,020–$4,030
TP3: $3,975
TP4: $3,960

Sell setup 2

Condition:
If gold breaks cleanly below $4,055 and retests this level as resistance, bearish continuation remains valid without waiting for a deeper pullback.

Entry: below $4,055 after breakdown retest
SL: above $4,078
TP1: $4,030
TP2: $4,020
TP3: $3,975
TP4: $3,960

Sell setup 3

Condition:
If gold sweeps back above the OB zone but fails to reclaim $4,121, this can create a stronger liquidity-trap sell setup.

Entry: after rejection below $4,121
SL: above $4,135
TP1: $4,078
TP2: $4,055
TP3: $4,020–$4,030

Buy scalping setup

Condition:
Buying is not the main priority. A buy scalp is only valid if gold sweeps the $4,020–$4,030 liquidity zone and forms a strong bullish rejection.

Entry: $4,020–$4,030 after bullish rejection
SL: below $4,000
TP1: $4,055
TP2: $4,078–$4,085
TP3: $4,105

Key levels

Current price area: $4,057
Immediate sell-side liquidity: $4,055
OB sell zone: $4,078–$4,085
VL reaction zone: $4,090–$4,105
Buy-side liquidity: $4,121
Buy scalping liquidity: $4,020–$4,030
Lower OB target zone: $3,960–$3,975
Major upper liquidity: $4,221
Bearish continuation confirmation: clean break below $4,055
Stronger bearish confirmation: clean break below $4,020
Bearish invalidation: clean 2H close above $4,121

My current view is that gold remains in a bearish structure while price stays below the OB sell zone. The Prime Gold plan is to wait for a pullback into $4,078–$4,085 or a clean breakdown below $4,055 before looking for sell confirmation. If sellers continue to defend the OB, gold may extend lower toward $4,020–$4,030 and potentially $3,960–$3,975.

No confirmation, no trade.
Trade active
The sell scenario is absolutely correct, I will continue to update with new scenarios.
snapshot

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.