XAUUSD AND GOLD NEXT MOVR DOWN TREND 🧠 OANDA:XAUUSD Professional Trading Idea (Smart Money Concept Based)
🔍 Market Structure Overview:
CHoCH → confirmed on bullish move (July 11–13), signaling reversal from bearish to bullish.
LH to LL → clean bearish leg formed post FVG mitigation and rejection.
BMS (Break of Market Structure) confirmed → shift back to bearish structure.
Price recently tapped into a deep FVG + demand zone, showing rejection wick and bounce.
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🎯 Trading Plan: Intraday Sell-Bias Idea (Unless Proven Otherwise)
🔴 Bias: Bearish
📍 Entry Zone: Around 3340–3345 (inside FVG + previous supply zone)
🛑 SL (Invalidation): Above 3350–3355 zone
🎯 TP1: 3330
🎯 TP2: 3315
🎯 TP3: 3304 (major demand zone)
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✅ Entry Conditions (Confirmation Required):
Rejection candlestick or bearish engulfing in 3340–3345 zone
EMA resistance hold
No bullish BMS on lower timeframes
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⚠️ Invalidation Plan:
If price breaks above 3355 with momentum and closes bullish → structure flips to bullish, look for buys only on retracement to 3345–3350 zone.
