LiamTrading – XAUUSD H1 | Continue to watch for SELL at the ...LiamTrading – XAUUSD H1 | Continue to watch for SELL at the start of the week – wait for price to retrace to the trendline & resistance for a perfect entry
Gold is experiencing a sharp decline amidst global market liquidity pressures. The simultaneous drop in gold, stocks, and Bitcoin indicates that capital is being withdrawn from risky assets and even safe havens, similar to tense periods like the 2008 crisis or the early 2020 pandemic. Investors are selling profitable assets to cover losses elsewhere.
In the long run, gold usually recovers sooner, but in the short term, the downtrend still prevails.
On H1, the price is below the descending trendline, under the 4100 resistance, and is moving in a clear Lower High – Lower Low structure. This is a good signal to continue prioritising SELL orders retracing to resistance.
🔍 Technical Analysis (Trendline • S/R • Fibonacci • Liquidity)
The descending trendline is the biggest barrier; each time the price hits the trendline, it is strongly rejected.
Main Resistance:
4098–4100: resistance area + confluence with the trendline.
4120–4130: stronger area if the price retraces deeply (close to Fibo 0.382).
Target Support:
4065: intermediate support – where the price has bounced slightly several times before.
4040 – 4025: large liquidity area – confluence with the H1 FVG bottom.
3985–3995: the end zone of the down wave if the selling force expands.
Liquidity Zone:
Many liquidity sweep bottoms continuously → indicates that the selling force still prevails.
The lower FVG area (around 4025–4040) is highly likely to be filled within the week.
📉 Trading Scenario (prioritise SELL retracement)
Scenario – SELL retracement to trendline + resistance (priority)
Entry: 4098–4100
SL: 4106
TP: 4088 → 4065 → 4040 → 4025
💡 Suggestion: Wait for M5–M15 to form a rejection candle (pin bar / bearish engulfing) before executing the order.
When to BUY?
Only BUY if:
H1 closes above 4120, breaking the descending trendline → short-term trend phase change.
If this signal is not present → do not rush to buy against the trend.
⚠️ Important Note
The phenomenon of “selling everything to hold cash” may continue → gold may remain under pressure in the short term.
Which price range are you watching for today's session?
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