📉 Analysis Overview (4H Timeframe) Gold (XAUUSD) is currently in a clear downtrend, confirmed by lower highs and lower lows. Recent price action shows strong bearish momentum with confluences of key Bearish Order Blocks (OBs) and Fair Value Gaps (FVGs) forming ideal trade setups.
Entering short near the 3300–3310 area, which aligns with a previous FVG and resistance area. Strong OB and FVG confluence above make 3330 a logical SL. The downside has clean imbalances and OBs to support price delivery lower.
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📌 Bias: Bearish ⏱️ Timeframe: 4H 📊 Risk-Reward: Favorable with minimal drawdown near OB rejection zone.
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XAUUSD was a very good week, a few trades but all closed in profit. With a good risk-reward ratio, you protect your capital and accumulate profits. On Monday 💪🏿