XAUUSD | High-Probability Sell SetupGoldOANDA:XAUUSDMrJasim_07XAUUSD is currently approaching a significant supply zone where sellers have previously stepped in and rejected higher prices. The market structure continues to favor the bears, with lower highs remaining intact and price respecting dynamic resistance. A rejection from this region would strengthen the probability of another impulsive bearish leg toward the highlighted demand zone. Bearish Scenario: If price fails to break and close above the supply zone, sellers could regain momentum and drive the market lower. Initial downside targets are around 4070, followed by 4055, with an extended move toward 4040–4025 if selling pressure increases. A decisive rejection candle, bearish engulfing pattern, or lower-timeframe market structure break would provide additional confirmation for short positions. Bullish Scenario: If buyers generate enough momentum to secure a strong close above the supply zone, the current bearish outlook would become invalid. In that case, XAUUSD could initiate a continuation rally toward 4115, 4135, and potentially 4155. Waiting for a confirmed breakout and successful retest would offer a higher-probability long opportunity rather than anticipating the move. Trading Perspective: Patience remains essential while price trades near this key decision area. Avoid entering trades before confirmation, as false breakouts are common around major supply and demand zones. Monitor price action, liquidity sweeps, volume, and market structure for confirmation before executing any position. Proper risk management and disciplined trade execution are more important than predicting the next move. This analysis is based on price action, market structure, and institutional supply and demand concepts. Always wait for confirmation before entering the market and manage your risk appropriately. Markets can invalidate any setup, so never risk more than you can afford to lose.