🪙 XAUUSD | Gold Sell Setup Based on Smart Money Concepts
This is a classic example of how institutions lure in retail traders — tap the golden zone, reject hard, and leave a trail of liquidated longs.
🔍 1. Technical Breakdown
Price aggressively climbed into a strong Order Block zone
Rejection from the 70.5%–79% Fibonacci retracement area
Broken ascending channel confirms shift in momentum
Bearish BOS already occurred = Smart Money in control
This zone (3332–3357) is a magnet for institutional sells.
🧱 2. Bearish Confluences
💀 OB Rejection: Previous up candle before the sharp drop
📐 Fib Overlap: 70.5–79% = premium zone for shorts
📉 Structure Shift: Channel break + bearish order flow
⚠️ No Candle Close Above OB: = market respecting supply
🎯 3. Trade Plan
Entry: 3332–3357 (executed)
Stop Loss: 3360 (above OB)
Take Profit: 3120 zone
This is a deep sell-side liquidity hunt.
⚖️ 4. RRR (Risk-Reward Ratio)
📥 Entry: ~3345
🔒 SL: 3360
💰 TP: 3120
✅ RRR ≈ 1:15
This is a "swing short with conviction" kind of setup, where patience = profit.
🔁 5. Key Confirmation Points
Watch for lower lows and lower highs to continue
Price closing below 3290 = full confirmation
If Gold reclaims 3360 = setup invalidated
💬 Comment “Sniped Gold 🥷💰” if you took this short!
📌 Save this chart for OB + Fib zone study
🎯 Post your entry/exit levels — let’s compare setups
This is a classic example of how institutions lure in retail traders — tap the golden zone, reject hard, and leave a trail of liquidated longs.
🔍 1. Technical Breakdown
Price aggressively climbed into a strong Order Block zone
Rejection from the 70.5%–79% Fibonacci retracement area
Broken ascending channel confirms shift in momentum
Bearish BOS already occurred = Smart Money in control
This zone (3332–3357) is a magnet for institutional sells.
🧱 2. Bearish Confluences
💀 OB Rejection: Previous up candle before the sharp drop
📐 Fib Overlap: 70.5–79% = premium zone for shorts
📉 Structure Shift: Channel break + bearish order flow
⚠️ No Candle Close Above OB: = market respecting supply
🎯 3. Trade Plan
Entry: 3332–3357 (executed)
Stop Loss: 3360 (above OB)
Take Profit: 3120 zone
This is a deep sell-side liquidity hunt.
⚖️ 4. RRR (Risk-Reward Ratio)
📥 Entry: ~3345
🔒 SL: 3360
💰 TP: 3120
✅ RRR ≈ 1:15
This is a "swing short with conviction" kind of setup, where patience = profit.
🔁 5. Key Confirmation Points
Watch for lower lows and lower highs to continue
Price closing below 3290 = full confirmation
If Gold reclaims 3360 = setup invalidated
💬 Comment “Sniped Gold 🥷💰” if you took this short!
📌 Save this chart for OB + Fib zone study
🎯 Post your entry/exit levels — let’s compare setups
Trade active
📍 Trade Update:🕹️ Entered manually based on real-time confirmation!
✅ Structure + momentum aligned = sniper entry executed.
🧠 Active management mode ON. Watching closely...
Trade closed: target reached
📍 Trade Update:💸 50% closed at key level = profit locked in!
🧠 Remaining position is riding the trend.
🔄 Dynamic SL in place, monitoring price action closely.
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.
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.