Gold is currently facing a massive structural decision point on the 1H chart. In this breakdown, we map out the XAUUSD price action using institutional Smart Money Concepts (SMC) to see if the current bearish trend will persist.
Analysis Breakdown:
Market Structure: Gold has shifted from bullish to a clear trend of lower highs and lower lows.
Reaction Zone: Price is pushing off a minor demand base (4,550–4,575) and heading straight into a weak supply area near 4,630.
The Invalidation Level: Our current bearish bias holds as long as the price remains below the recent swing high. A confirmed break and hold above 4,650 will change our current outlook.
Bearish Objectives: If we see a rejection at the 4,620–4,650 supply zone, we expect the price to head toward the 4,520 and 4,480 liquidity zones.
Execution Strategy:
Wait for a liquidity sweep above 4,630 followed by a bearish Change of Character (CHOCH) for the highest probability entry. Our stop-loss for the bearish setup is strictly above 4,670. Always follow proper risk management and wait for confirmation before executing trades.
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