XAU 29.10.2026GoldOANDA:XAUUSDKKTradeJournal## 4H Timeframe Analysis **Minor Trend:** Bearish **Sell Order Flow POI:** 4066.5–4217.3 This sell order flow can be refined into two smaller zones: - **Zone 1:** 4106.3–4142.2 - **Zone 2:** 4165.7–4199.0 ### Bearish Scenario As long as the price remains unable to break above the sell POI and establish a bullish Change of Character (CHoCH), the bearish scenario remains in focus. The first downside target is **3975.6**, which marks the 4H swing low. If bearish momentum continues and the price breaks below this level, the next target is **3942.1**, corresponding to the weekly swing low. ### Bullish Invalidation If the price breaks through the sell POI and moves above **4217.3**, followed by a clear bullish CHoCH, the current bearish outlook may become invalid. This would suggest a potential shift in market structure from bearish to bullish. ### Potential Reaction After a Low Break When the price breaks below a previous low, a rebound may follow as the market reacts to liquidity around that level. However, a rebound is not guaranteed, and further downside remains possible if bearish momentum continues. **Key Levels to Watch:** - Sell POI: 4066.5–4217.3 - 4H Low / Target 1: 3975.6 - Weekly Low / Target 2: 3942.1 - Bullish Invalidation: A break above 4217.3 followed by a clear bullish CHoCH The key is to monitor how the price reacts at each level rather than assume that any zone or low will automatically trigger a reversal. **** Disclaimer**** This analysis reflects my personal market view and interpretation of price action for educational and journaling purposes only. It is not financial advice or a recommendation to buy or sell any financial instrument. Always do your own research and manage your risk.