XAU/USD | ABC Correction Complete — Bears Eye the Liquidity Belo

Wait 5 sec.

XAU/USD | ABC Correction Complete — Bears Eye the Liquidity BeloGoldOANDA:XAUUSDhassanyou📊 Higher-Timeframe Context On the broader timeframes, #Gold (XAU/USD) remains within a bearish structure, with price respecting the downtrend and rotating lower over recent sessions. ⏱️ 15m Timeframe — Intraday Zooming into the 15m, Gold ran a textbook three-wave (ABC) corrective bounce against the prevailing downtrend: Wave (a): the initial push up after sweeping the liquidity (LS) resting at the local low (~3,968). Wave (b): a sideways consolidation that built up the range. Wave (c): the final corrective leg, now topping out around 4,030. With the (c) leg completing and price now trading near ~4,023, the corrective bounce looks exhausted — and the expectation is for the downtrend to resume, driving price toward the sell-side liquidity ($$$) and the downside target below (~3,960, with scope to extend lower if momentum builds). 🎯 The Game Plan Bias: bearish intraday — ABC correction complete at wave (c) (~4,030). The thesis: continuation lower toward the sell-side liquidity / target (~3,960), with room to extend deeper. Invalidation: a strong reclaim and acceptance back above the (c) high would put this short-term short on hold. If this breakdown added value, drop a like 👍 and a comment 💬 to support the work — and share where you see Gold heading next! Best Regards 🐳