WEEKLY REVIEW #XAUUSD 21SEPT TO 25THGoldOANDA:XAUUSDRonnxieStart of the Week At the start of the week, my analysis was based on a bearish market structure A bearish trendline with strong rejection. LH,LL , showing a clear bearish structure. A descending parallel channel, providing additional confirmation of the bearish structure. During the previous week, price formed a small 15-minute reversal uptrend, creating a series of HH and HL. This Week's Review On Monday, during the New York session, price broke the 15-minute structure to the downside, creating a Break of Structure (BOS). We could also see Change of Character (CHoCH) confirming that the short-term bullish structure was losing strength and shifting back toward the bearish direction. There were no major high-impact news events on this week's economic calendar, so price action largely followed the existing market structure rather than being driven by a major news event. After the downside BOS, price continued to follow the bearish structure and formed another LL,LH Overall, the price action respected the higher-timeframe bearish structure, while the short-term bullish reversal from last week eventually failed and shifted back into the bearish direction.