Bearish Below 4,160, Selling 4,100 to 4,120 Toward 4,020GoldOANDA:XAUUSDAndrew_InsightTradeRally's dead. LH at 4,190 killed it, and the BMS break confirmed it. Look at the sequence. Double ChoCH off the lows, clean bullish BOS through both ascending channels, structure printing higher highs all the way to 4,190 to 4,200. Then it topped. LH formed, and the drop that followed wasn't a pullback. It broke straight through the BMS support near 4,120. That's a structure shift. Bias flipped bearish right there. 4,153 to 4,160 is the ceiling now. Buy side liquidity's resting above that level, untouched. It stays untouched while price trades below it. Don't overthink that part. LL printed at 4,020 to 4,030. Sell side liquidity's building below that. That's the draw. That's where this is going. Right now price is doing exactly what it's supposed to do, retracing into premium before continuation. 4,100 to 4,120 is the zone. 0.5 to 0.618 Fib, stacked directly on top of the prior LH. Golden sell zone. This is mitigation of the breakdown leg, nothing more. 4,103 is sitting inside it right now, testing 0.5. Decision point. Sellers either defend this or they don't. Confirmation isn't complicated. Rejection wicks, LTF momentum shift lower, that's the trigger. No reaction, no entry. Simple as that. Invalidation is one line. Hourly close above 4,160. That's it. Until that happens, every retracement into this zone is a sell, not a buy. Target is the LL at 4,020. Momentum carries, this pushes through it toward the 0 Fib extension. 4,013 to 4,030 is bounce territory only. Reaction, not reversal. Don't mix those up. Who's still buying into resistance.