🟡 XAU/AUD Trade Setup – Order Block Rejection Play
Pair: XAU/AUD
Direction: Sell
Type: Pullback to Order Block → Continuation Down
Timeframe:15min
🔍 Analysis:
After a confirmed Break of Structure (BOS) to the downside, price is currently pulling back. I'm anticipating a bullish retracement toward a key bearish order block zone at 5,192.33. This level aligns with a previous support-turned-resistance zone, and I expect sellers to re-enter the market here.
📌 Trade Plan:
Entry: Sell from 5,192.33 (Order Block)
Stop Loss: Above the OB at 5,202.73
Target: 5,139.58 (Clean liquidity level)
RRR: ~1:5
✅ Confluences:
BOS to the downside confirms bearish bias
Price retracing to unmitigated order block
Minor imbalance fill around entry zone
Liquidity below 5,139.58
Expecting rejection and continuation move
📉 Execution: Waiting for bearish confirmation (e.g., engulfing candle or LTF structure shift) before entry.
📅 Trade shared on: July 23, 2025
Pair: XAU/AUD
Direction: Sell
Type: Pullback to Order Block → Continuation Down
Timeframe:15min
🔍 Analysis:
After a confirmed Break of Structure (BOS) to the downside, price is currently pulling back. I'm anticipating a bullish retracement toward a key bearish order block zone at 5,192.33. This level aligns with a previous support-turned-resistance zone, and I expect sellers to re-enter the market here.
📌 Trade Plan:
Entry: Sell from 5,192.33 (Order Block)
Stop Loss: Above the OB at 5,202.73
Target: 5,139.58 (Clean liquidity level)
RRR: ~1:5
✅ Confluences:
BOS to the downside confirms bearish bias
Price retracing to unmitigated order block
Minor imbalance fill around entry zone
Liquidity below 5,139.58
Expecting rejection and continuation move
📉 Execution: Waiting for bearish confirmation (e.g., engulfing candle or LTF structure shift) before entry.
📅 Trade shared on: July 23, 2025
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The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.