XAUUSD Bearish Continuation Setup – Supply Zone Rejection, Liqui

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XAUUSD Bearish Continuation Setup – Supply Zone Rejection, LiquiGoldOANDA:XAUUSDCRT-ICT-MARKET-GOLD-SIGNALSXAUUSD – 15-Minute Technical Analysis Market Structure: Bearish 📉 Gold is showing a strong bearish market structure after a significant decline from the 3,980 region. Price has formed a short-term recovery and is currently consolidating below an important resistance/supply zone. 1. Sell Zone - Resistance: 3,910–3,917 - Price is consolidating below the supply zone. - A retest followed by bearish rejection could provide a potential selling opportunity. - Sellers are expected to defend this resistance area. 2. Stop Loss - Stop loss: 3,932.748 - A strong 15-minute candle close above this level would weaken the bearish setup. 3. Downside Targets - First support: 3,890 - Second support: 3,880 - Final target: 3,855.831 4. Trading Scenario As long as Gold remains below the 3,910–3,917 supply zone, bearish pressure remains favorable. A rejection from this zone could trigger another downward move toward 3,880 and potentially 3,855. However, a breakout and sustained close above the supply zone would require reassessing the short setup. Conclusion: The overall 15-minute structure remains bearish. Patience for confirmation at the sell zone is important rather than chasing the price at current levels.