Gold Spot / U.S. Dollar
Short
Updated

XAUUSD Bearish Continuation from H4 Order Block

224
XAUUSD (Gold) is showing a strong bearish continuation setup after rejecting a key H4 Order Block aligned with a long-term descending trendline.

After a clear Market Structure Shift (MSS), price retraced into a premium zone, forming multiple Breaks of Structure (BOS) on the lower timeframe. However, the momentum shifted again with a bearish CHOCH (Change of Character), confirming that buyers are losing control and sellers are stepping back in.

The H4 Bearish Order Block, combined with dynamic trendline resistance, creates a high-probability confluence zone for short positions. The strong rejection from this area indicates institutional selling pressure.
📉 Trade Plan:

Entries: Lower timeframe confirmation within H4-OB
Stop Loss: Above swing high / OB zone
Targets:
✔️ Short-term liquidity (recent lows)
✔️ Major sell-side liquidity pool (higher timeframe demand)
Trade closed: target reached
XAUUSD smashed the full target and continues to run 600+ pips in my favor.

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.