XAUUSD Intraday Bias – Liquidity Grab & Bearish ContinuationGoldOANDA:XAUUSDIct-X-SupremeMarket Context On the 15M timeframe, XAUUSD formed a clear bullish structure followed by a distribution phase near premium levels. After tapping into supply, price delivered a Bearish Change of Character (CHoCH), confirming a shift in short-term order flow. ⸻ Current Market Structure • Bullish expansion → Distribution • Liquidity taken above highs • Bearish CHoCH confirmed • Lower High formation • Internal structure turning bearish Price is now retracing into a supply / imbalance zone. Logic Behind Setup • Liquidity sweep above highs • Market structure shift (CHoCH) • Bearish order flow continuation • Selling from premium Until bullish structure breaks again bias remains bearish.