Smart Money Concept Analysis: Bearish Continuation in Play

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Smart Money Concept Analysis: Bearish Continuation in PlayGoldOANDA:XAUUSDLunadigitalFrom an SMC perspective, Gold has completed several bearish confirmations, including liquidity collection at the highs, a Break of Structure (BOS), and a Change of Character (CHOCH). Price was unable to sustain above the premium zone and subsequently formed lower highs beneath a well-respected bearish trendline. The highlighted support area is the final barrier before a potential liquidity run toward the 3865 region. A confirmed breakdown could provide continuation opportunities, while any bullish reaction from support would require strong confirmation before considering a reversal scenario. Not Financial Advice.