Still Buying Gold? 4,780 Might Wipe You OutGoldOANDA:XAUUSDRyan_TitanTraderThat move into the highs wasn’t strength, it was a setup. The market ran liquidity into the top, printed a clean distribution, then flipped structure with a sharp CHoCH. Since then, price hasn’t looked bullish at all… just controlled selling inside a descending range. What stands out is how every push up gets capped. No real continuation, just slow grinding moves that keep trapping late buyers. That’s usually not accumulation, that’s distribution playing out on a lower timeframe. The zone I’m watching is 4,760–4,780. That’s where the last supply sits and also the top of the current range. If price pushes back into that area, sweeps some buy-side liquidity, and fails to hold, I’m looking for shorts. Ideally, I want to see a rejection or some form of trap before entry, not chasing in the middle. Below, the liquidity is obvious. Range low around 4,660 is the first target, but realistically, once that gets hit, sell-side liquidity under it is likely getting cleared too. Only thing that breaks this idea is if price starts accepting above 4,780 with strong H1 closes. If that happens, the whole structure shifts again and I step aside. Right now it just looks like a classic trap at the highs before continuation down. You fading the highs here or waiting for confirmation?