XAUUSD Bearish Continuation: Sell the Pullback from Supply ZoneGoldOANDA:XAUUSDGold_Market_MindHereβs a clean breakdown of your XAUUSD 15M setup: π Market Structure Overall bias remains bearish β clear sequence of lower highs and lower lows. Price respected the descending trendline / bearish channel, confirming continuation pressure. The marked βsell zoneβ aligns with prior supply and rejection area β strong institutional interest. π¦ Key Zones 4,579 β 4,582 (Supply / Stop Hunt Zone) β Likely liquidity grab before continuation down 4,557 Area (Mid Resistance Flip) β Previously support, now acting as resistance 4,541 β 4,520 (Support Zone) β Current reaction area, short-term bounce possible 4,508 (Target) β Clean downside liquidity pool π Price Behavior Consolidation formed under resistance β bearish accumulation Fake breakout above minor structure β liquidity sweep Strong impulsive drop confirms institutional selling Current move = corrective pullback, not reversal (yet) π Trade Scenarios π₯ Bearish Continuation (Primary Setup) Wait for price to retrace into 4,557 β 4,579 Look for: Rejection wicks Bearish engulfing Lower high formation Targets: 4,520 4,508 (main liquidity target) π© Counter-Trend Bounce (Secondary) If support at 4,541 holds strongly Short-term move toward: 4,557 Possibly 4,579 liquidity zone But this is against the main trend β οΈ Key Insight This is a classic sell-the-pullback market. The breakout you marked confirms distribution β now price is likely seeking lower liquidity before any major reversal. π§ Summary Trend: Bearish Strategy: Sell rallies, not bottoms Confirmation: Wait for rejection at supply, avoid early entries