XAUUSD Rejection from Fib + OB Combo | Bearish Continuation?XAUUSD | Premium Smart Money Short Setup 🎯
This GOLD setup is a straight-up institutional-grade bearish continuation. Let’s break down why this is a high-probability short for Smart Money Traders.
🔍 1. Market Context
Price is trending inside a clear descending channel, tapping into the lower boundary and now pulling back.
We just had a reaction from the mid-supply zone, and price is now rebalancing into the Order Block (OB) aligned with:
🔻 79% Fibonacci Retracement
🔻 Previous Structure Break
🔻 OB + imbalance fill zone
🧱 2. Bearish Confluences
📉 Descending Channel = bearish structure
🟣 Order Block Zone = high-value area for institutional entries
📐 Fibonacci Levels = 61.8%, 70.5%, and 79% all stacked
💥 OB + 79% = high-prob sniper short
🕳 Imbalance + Liquidity Sweep = likely short continuation
🎯 3. Trade Idea
Entry: 3282.00–3290.00 (OB + 79% Fib)
Stop Loss: 3294.00 (above OB wick)
Take Profit: 3245.00 zone (channel bottom)
Perfect RR setup 👇
⚖️ 4. RRR (Risk-Reward Ratio)
💰 Entry: ~3285
🔒 SL: ~3294
📍 TP: ~3245
✅ RRR ≈ 1:4.3 = sniper level swing short 🎯
🧠 5. Smart Money Logic
Liquidity Sweep above minor high before short = engineered trap
OB reaction at fib premium zone = smart entry
Continuation expected unless price closes above 3295
📌 Save this chart — this is Smart Money flow in action
💬 Drop “Gold OB SMC 🔥” in comments if you saw this coming
🔁 Repost to help fellow traders master fib+OB sniper entries