XAUUSD Smart Money Concept (SMC) Setup – 15min

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We had a clear break of structure (BOS) to the downside after price formed a lower high around the 3,430 level. Price then swept liquidity below the 3,290 area before aggressively rallying.

🔸 Liquidity Grab + Return to Premium:
That strong bullish move was likely engineered to grab liquidity from trapped sellers and induce breakout buyers. Now price is approaching a premium zone (the red supply zone), which aligns with a previous demand turned supply area – a perfect spot for institutional order blocks.

🔸 Order Block:
The red zone (around 3,375–3,385) represents a bearish order block, which caused the previous drop. Price is now retracing into it.

🔸 Internal Structure:
While approaching this zone, price is showing signs of bullish exhaustion. If we get a change of character (CHOCH) inside that zone, it confirms redistribution and signals entry.

📌 Trade Idea (SMC-Based Plan):
POI (Point of Interest): 3,375 – 3,385 (Supply / Order Block)

Confirmation: CHOCH / Rejection wick / Bearish engulfing

Entry: On confirmation inside red zone

SL: Just above the order block (~3,392)

TP1: 3,320 (first internal liquidity pool)

TP2: 3,290 (external liquidity sweep area)

🔽 Expectation:
Price to react to the supply zone, break internal structure, and begin a bearish move back to the demand zone, filling the imbalance left during the previous pump.

🛑 Risk Disclaimer:
This is not financial advice. Trade at your own risk. Use proper risk management and wait for confirmation before entering.

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