XAUUSD Bearish Setup | OB & FVG Confluence | Targeting 3230

47
Title: XAUUSD Bearish Setup | OB & FVG Confluence | Targeting 3230

๐Ÿ“‰ 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.


---

๐Ÿ” Key Technical Zones

๐Ÿ”ด Bearish OB: 3355โ€“3370
๐ŸŸง FVG: 3340โ€“3355
๐Ÿ”ต Sell Entry Zone: 3300โ€“3310
โŒ Stop Loss: Above 3330
๐ŸŸข Bullish OB (Buy Zone): 3255โ€“3265
๐ŸŸง Lower FVG (Potential Reaction Area): 3285โ€“3295


---

๐ŸŽฏ Take Profits

TP1: 3270

TP2: 3255

TP3: 3230



---

๐Ÿ’ก Trade Idea

Entering short near the 3300โ€“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.


---

๐Ÿ“Œ Bias: Bearish
โฑ๏ธ Timeframe: 4H
๐Ÿ“Š Risk-Reward: Favorable with minimal drawdown near OB rejection zone.


---

๐Ÿ’ฌ Drop your thoughts below or agree if this aligns with your view!

#XAUUSD #Gold #SmartMoney #ICT #FVG #OrderBlock #PriceAction #TradingViewIdeas

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.