Gold remains bearish on the 4H timeframe after a strong impulsive selloff that created a clear Break of Structure (BOS) to the downside.
Key observations:
Price broke below the previous demand zone and market structure, confirming bearish order flow.
The selloff left a noticeable Fair Value Gap (FVG) between 4,355 – 4,400, which aligns with the 50% and 61.8% Fibonacci retracement levels.
Current consolidation suggests price may seek liquidity before committing to the next directional move.
Bullish Retracement Scenario
A deeper retracement into the FVG could occur first:
Target zone: 4,356 – 4,384
This area may attract sellers looking to re-enter with trend confirmation.
Rejection from this imbalance zone would strengthen the bearish continuation thesis.
Bearish Continuation Scenario
If sellers defend the FVG:
Price could rotate lower toward the recent swing low around 4,230
A break below that low would expose further downside liquidity near 4,180 – 4,160
Trading Plan
📌 Bearish bias remains valid while price stays below the FVG supply zone.
📌 Watch for:
Rejection candles inside the FVG
Lower-timeframe bearish structure shifts
Volume increase on the retracement
⚠️ A sustained close above the 61.8% retracement and FVG would weaken the bearish outlook and suggest a deeper correction.
Bias: Bearish 📉
Resistance: 4,356 – 4,384
Support: 4,230 → 4,180
Setup: Sell the retracement, not the breakdown.
#XAUUSD #Gold #Forex #PriceAction #SmartMoneyConcepts #SMC #ICT #TradingView #ForexTrading #TechnicalAnalysis #GoldTrading #FVG #BOS #LiquiditySweep
Key observations:
Price broke below the previous demand zone and market structure, confirming bearish order flow.
The selloff left a noticeable Fair Value Gap (FVG) between 4,355 – 4,400, which aligns with the 50% and 61.8% Fibonacci retracement levels.
Current consolidation suggests price may seek liquidity before committing to the next directional move.
Bullish Retracement Scenario
A deeper retracement into the FVG could occur first:
Target zone: 4,356 – 4,384
This area may attract sellers looking to re-enter with trend confirmation.
Rejection from this imbalance zone would strengthen the bearish continuation thesis.
Bearish Continuation Scenario
If sellers defend the FVG:
Price could rotate lower toward the recent swing low around 4,230
A break below that low would expose further downside liquidity near 4,180 – 4,160
Trading Plan
📌 Bearish bias remains valid while price stays below the FVG supply zone.
📌 Watch for:
Rejection candles inside the FVG
Lower-timeframe bearish structure shifts
Volume increase on the retracement
⚠️ A sustained close above the 61.8% retracement and FVG would weaken the bearish outlook and suggest a deeper correction.
Bias: Bearish 📉
Resistance: 4,356 – 4,384
Support: 4,230 → 4,180
Setup: Sell the retracement, not the breakdown.
#XAUUSD #Gold #Forex #PriceAction #SmartMoneyConcepts #SMC #ICT #TradingView #ForexTrading #TechnicalAnalysis #GoldTrading #FVG #BOS #LiquiditySweep
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t.me/+pY0XdK8LAWM0MDE0
t.me/+pY0XdK8LAWM0MDE0
t.me/+pY0XdK8LAWM0MDE0
t.me/+pY0XdK8LAWM0MDE0
คำจำกัดสิทธิ์ความรับผิดชอบ
ข้อมูลและบทความไม่ได้มีวัตถุประสงค์เพื่อก่อให้เกิดกิจกรรมทางการเงิน, การลงทุน, การซื้อขาย, ข้อเสนอแนะ หรือคำแนะนำประเภทอื่น ๆ ที่ให้หรือรับรองโดย TradingView อ่านเพิ่มเติมใน ข้อกำหนดการใช้งาน
