XAUUSD (Gold) Macro Breakdown Analysis: Potential Bearish Wave to 3650 Order Block

Trade Breakdown / Signal: SELL STOP (Breakout Play)

• Asset: XAUUSD (Gold - D1 Daily Chart)
• Trigger / Entry Zone: Breakdown below 3950.00 – 3965.00
• Stop Loss (SL): 4050.00 (Above the recent daily lower-high resistance trendline)
• Take Profit 1 (TP1): 3883.00 (Minor daily support & sell-side liquidity pool)
• Take Profit 2 (TP2 / Main Target): 3650.00 (Major bullish order block / structural demand zone)

Key Technical Reasons

• Crucial Daily Support Test: Price is pressing against a critical horizontal support zone near 3950–3965. A clean daily closure below this level confirms a macro structure continuation to the downside.
• TP1 Liquidity Sweep: The first target near 3883.00 sits right at a minor support level where rest stop losses and sell-side liquidity reside, making it a high-probability initial target.
• TP2 High-Confluence Bullish Order Block: The primary target region at 3600–3650 aligns with a major bullish order block on the daily time frame. This key demand zone is expected to absorb selling pressure and trigger a strong bullish rally/reversal.
• Descending Continuation Structure: The higher time frame continues to exhibit lower highs and lower lows, showing sustained seller dominance following the exit from the descending channel.

⚠️ Disclaimer: Not financial advice. Trading forex and gold on high time frames carries significant financial risk. Manage your risk exposure carefully.

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