XAUUSD 4660 exhaustion — 4525 calling? GoldOANDA:XAUUSDEthan_TraderProXAUUSD 4660 exhaustion — 4525 calling? That stall under 4,660 is the warning. Gold had the clean bullish push already. Downtrend channel broke, price exploded through the Smart Money Reload Zone, then climbed inside that bullish leg like sellers had no control. Nice move. But now? Different spot. Price is sitting around 4,642, right under the Buyer Exhaustion Zone around 4,660 - 4,690. That is not a cheap buy zone anymore. That is where late buyers usually start getting tested. The FVG around 4,655 - 4,670 is the trap area for me. If gold pushes into it and fails to hold, that can be the last bait before sellers drag price lower. Main bias is bearish pullback while gold stays below 4,690. The seller trigger base around 4,595 - 4,610 is the key floor. If that cracks, the move can open fast toward 4,525. That downside liquidity target is sitting clean. Too clean to ignore. I’m not saying the full bullish trend is dead. Not yet. Bigger structure still came from a strong expansion. But short-term? Buyers look tired up here. Trading scenario: Sell idea only if gold rejects 4,655 - 4,690 or breaks below 4,610 with clean pressure. Entry zone: 4,655 - 4,690 after rejection Alternative entry: below 4,610 after breakdown confirmation Stop loss: above 4,705 TP1: 4,610 TP2: 4,575 TP3: 4,525 No rejection, no sell. No breakdown, no chase. If gold closes strong above 4,705, this pullback idea is cooked. Then buyers can keep pushing for new highs. For now, I’m reading this as buyer exhaustion first, 4,525 liquidity next. You think gold traps buyers at 4,660 before the flush?