XAUUSD — Bearish Structure Remains Active

XAUUSD — Bearish Structure Remains Active, Watch The OB Reaction

Gold is trading around $4,155 after failing to reclaim the upper structure and continuing to stay below the descending trendline. The market is still respecting the bearish structure, with lower highs forming under the main resistance area.

From an SMC perspective, price has already rejected from the higher liquidity area and is now moving back toward the lower range. The key zone to watch is the sell liquidity zone around $4,160–$4,180. If gold retests this area and fails to hold above it, sellers may continue to push price toward the OB buy zone around $4,075–$4,090.

The main bearish continuation zone remains the FVG sell area around $4,281–$4,288. If price makes a deeper pullback into this zone, it can become a stronger sell reaction area because it aligns with imbalance, previous structure, and the descending trendline pressure.

Sell setup 1

Condition:
Gold retests the $4,160–$4,180 sell liquidity zone and shows bearish rejection with lower-timeframe MSS / CHOCH.

Entry: $4,160–$4,180
SL: above $4,200
TP1: $4,123
TP2: $4,079
TP3: $4,024

Sell setup 2

Condition:
If gold pulls back deeper into the FVG sell zone and rejects from the OB / imbalance area.

Entry: $4,281–$4,288
SL: above $4,330
TP1: $4,180
TP2: $4,123
TP3: $4,079

Buy setup

Condition:
A buy setup is only considered if gold reaches the OB buy zone around $4,075–$4,090 and shows strong bullish rejection with lower-timeframe MSS / CHOCH. This is only a reaction setup, not the main trend.

Entry: $4,075–$4,090
SL: below $4,050
TP1: $4,123
TP2: $4,160
TP3: $4,180

Key levels

Current price area: $4,155
Sell liquidity zone: $4,160–$4,180
Day low: $4,123
OB buy zone: $4,075–$4,090
Month low: $4,024
FVG sell zone: $4,281–$4,288
Buy-side liquidity: $4,329
Bearish invalidation: clean 2H close above $4,200 for short-term setup, or above $4,330 for deeper structure

My current view remains bearish while gold trades below the descending trendline and fails to reclaim $4,180. The cleaner Prime Gold plan is to wait for price to retest the sell liquidity zone or deeper FVG sell zone, confirm rejection, then follow the next downside move.

No confirmation, no trade.