XAUUSD DAILY CHECK IN GoldOANDA:XAUUSDElohim_is_allXAUUSD | Bearish Momentum — Will we have temporary bullish grabs or a break? Timeframes: Weekly | Daily | 4H | 1H | 15M Overall bias: Bearish — watching for a potential bullish reaction at support. Gold has continued lower following its recent consolidation, revisiting our previously marked lows around 3980–3979. Although we initially anticipated a possible bullish move, price continued seeking lower liquidity. We remain unbiased and will allow price action to confirm the next direction. Weekly Outlook Gold remains within our broader bearish order block at 4086–3872. While the overall structure remains bearish, a bullish reaction is still possible within this larger bearish environment. Our immediate focus is whether buyers can defend the 3976–3978 support area or whether price continues toward deeper liquidity. Daily Analysis Our previous bullish FVG at 3968–4058, with Fibonacci at 4013, has experienced significant bearish pressure. Initial checkpoint: 3977 A confirmed break and sustained movement below this level would strengthen the bearish continuation scenario. However, a liquidity sweep followed by a convincing reclaim could suggest a potential bullish swing failure pattern. Higher levels: 3984, 3991, 3997, 4002, 4008, 4013, 4017, 4029, 4034, 4041. Lower levels: 3971, 3966, 3959, 3952, 3921, 3893, 3881, 3870. 4H Analysis The four-hour structure remains bearish following a period of consolidation. We are monitoring two important opposing areas: * Bearish FVG: 3991–4047 | Fibonacci 4019–4020 * Bullish FVG: 3964–4013 | Fibonacci 3991 Should price retrace higher, the bearish FVG could become an important resistance area before any potential continuation lower. Our next higher bearish FVG sits at 4054–4109, with Fibonacci at 4082. Below current price, we are also monitoring the bullish FVG at 3914–3924, overlapping the order block around 3895–3923. 1H & 15M Analysis The previously anticipated bullish SFP around 3983 did not confirm, with price continuing lower during the Asian session. Price is now testing our key 3977 area. Potential bullish checkpoints: 3984 → 3988 → 3990 → 3994 → 3997 → 4002 → 4008 → 4012 → 4018 → 4021 Potential bearish checkpoints: 3975 → 3969 → 3965 → 3959 → 3951 → 3934 → 3925 → 3910 → 3893 → 3882 → 3870 The lower bullish FVG at 3909–3940, with Fibonacci at 3925, remains another important potential reaction area if price continues lower. Our Two Scenarios Bullish scenario: Price sweeps or respects 3977, reclaims support and demonstrates convincing bullish continuation. We then monitor the higher resistance levels, particularly 3991 and 4019–4021. Bearish scenario: Price confirms a breakdown below 3977, fails to reclaim the area and continues toward 3969, 3959, 3951 and potentially the deeper bullish FVGs. A bullish retracement into bearish FVGs would not necessarily invalidate the broader bearish outlook. Final Outlook Overall bias: Bearish across all analysed timeframes. We are not anticipating a guaranteed reversal or continuation. Our priority is to observe how price responds at the marked checkpoints, identify possible swing failure patterns, monitor opposing FVGs and wait for candle-close confirmation. With economic releases capable of creating sudden volatility, patience and capital protection remain essential. Trade the confirmation, not the anticipation. 🤍 Educational market analysis only. Not financial advice.