XAUUSD — Bearish Structure & Liquidity SetupGoldOANDA:XAUUSDamellia_conceptsGold has recently rejected the 4175–4185 resistance zone and shifted lower, breaking through the 4125–4135 OB & SnR area. Price is now trading around 4108 after taking internal liquidity near 4104. The key point is that price may not continue directly lower. A corrective retracement toward the broken support/resistance area could provide the better bearish opportunity. Key Levels: Resistance: 4175–4185 Major Resistance / FVG: 4218–4228 OB & SnR: 4125–4135 Current Area: Around 4108 Internal Liquidity: 4104 External Sell-Side Liquidity: 4067 Primary Bearish Scenario If Gold retraces back toward 4125–4135 and shows bearish rejection or lower-timeframe confirmation, the area can act as a potential short-entry zone. A successful rejection could target: 4104 → 4085 → 4067 The 4067 area is particularly important because it represents the external sell-side liquidity marked on the chart. Alternative Bullish Retracement If price reclaims 4135 and holds above it, the bearish continuation could temporarily weaken. In that case, Gold may retrace toward 4150–4160 and potentially retest 4175–4185 resistance. However, the bearish idea remains stronger while price stays below the major resistance structure. Invalidation: A strong breakout and sustained acceptance above 4185 would weaken this bearish setup and shift attention toward the higher 4218–4228 FVG/resistance. Key focus: Wait for the retracement and confirmation rather than chasing price at the current low.