XAUUSD — Bearish Structure Holding Below TrendlineGoldOANDA:XAUUSDGold_Prime_Smc Gold is trading around $4,022 after rejecting from the short-term recovery area and moving back into the FVG sideways zone. The current structure remains bearish because price is still trading below the descending trendline, while the recent BOS confirms that sellers are still controlling the short-term direction. From an SMC perspective, gold failed to build a strong bullish recovery after the previous downside move. Price rejected from the VL area, broke lower structure, and is now consolidating inside the FVG sideways area. This type of movement usually shows temporary accumulation before the next directional move, but as long as price stays below the OB + trendline sell zone, the main bias remains bearish. The key area to watch is the sell zone around $4,065–$4,078. This zone aligns with the descending trendline and the previous supply reaction, making it the main area where sellers may defend the structure again. If gold pulls back into this zone and forms bearish rejection, another downside continuation toward the day low around $3,984 and the strong low near $3,942 remains possible. Sell setup 1 Condition: Gold pulls back into the OB + trendline sell zone around $4,065–$4,078 and forms bearish rejection with lower timeframe MSS / CHOCH. Entry: $4,065–$4,078 SL: above $4,100 TP1: $4,040 TP2: $4,000 TP3: $3,984 TP4: $3,942 Sell setup 2 Condition: If gold breaks below the FVG sideways area and retests it as resistance, bearish continuation remains valid without waiting for a deeper pullback. Entry: below $4,015 after breakdown retest SL: above $4,040 TP1: $4,000 TP2: $3,984 TP3: $3,960 TP4: $3,942 Sell setup 3 Condition: If gold sweeps above the FVG sideways area but fails to break the trendline, this can create a liquidity-trap sell setup. Entry: after rejection below $4,065–$4,078 SL: above the sweep high TP1: $4,022 TP2: $4,000 TP3: $3,984 Buy scalping setup Condition: Buying is not the main priority. A buy scalp is only valid if gold sweeps the day low around $3,984 and forms a strong bullish rejection. Entry: $3,984 after bullish rejection SL: below $3,960 TP1: $4,000 TP2: $4,022 TP3: $4,040 Key levels Current price area: $4,022 FVG sideways area: $4,015–$4,040 OB + trendline sell zone: $4,065–$4,078 VL reaction area: $4,095–$4,110 Day low liquidity: $3,984 Strong low liquidity: $3,942 Bearish continuation confirmation: clean break below $4,015 Stronger bearish confirmation: clean break below $3,984 Bearish invalidation: clean 2H close above $4,100 My current view is that gold remains in a bearish structure while price stays below the descending trendline and the OB sell zone. The Prime Gold plan is to avoid buying too early inside the FVG sideways area and wait for either a pullback into $4,065–$4,078 or a clean breakdown below $4,015 before looking for sell confirmation. If sellers continue to defend the trendline, gold may extend lower toward $3,984 and potentially $3,942. No confirmation, no trade.