XAUUSD Next Target

📊 Market Structure Market recently made a CHoCH (Change of Character) → signals shift from bullish → bearish. Before that, there was BOS (Break of Structure) to upside, but momentum is now weakening. Current price is forming lower highs → early bearish confirmation. 📉 Trend Bias: SELL (Short-Term) Price rejected from recent swing high (~4620 zone) Now moving inside a descending structure Your drawn trendline break also supports downside 🔑 Key Zones 🔴 Supply / Resistance Zone: 4600 – 4620 👉 Strong rejection area (sell zone) 🔵 Demand / Support Zone: 4550 – 4520 👉 Liquidity zone + previous base 🎯 Trade Setup (MetaTrader Style) 📉 SELL Entry: 4602 – 4607 (retest area) 🎯 Take Profits: TP1: 4590 TP2: 4580 TP3: 4550 🚫 Stop Loss: 4625 🧠 Logic Behind Trade CHoCH confirms bearish shift Lower high formation Liquidity resting below (weak low target) Price likely to sweep 4550 liquidity