FX.co ★ Honey1214 | XAU/USD, GOLD

XAUUSD 15M Analysis | BOS Break → Bearish Retest to 4,294 Current Market Snapshot XAUUSD 15M is trading at *4,321.90* right now. Price just broke down hard with a strong BOS candle and is now sitting at *4,321 - 4,314* support. The blue arrow points down to *4,294.28* as the next target. Bias is *bearish as long as price stays below 4,339 - 4,333* supply zone. Structure: Range → BOS Down → Retest → Drop 1. BOS = Break of Structure Down Green line *"BOS"* marked at ∼4,330. Price consolidated between 4,360 and 4,330, then broke down with a big red candle. This flipped structure from range to bearish. 2. Supply Zone = 4,339.75 - 4,332.03 Green box on the right. This is where the breakdown happened. This zone is now acting as resistance. Price is expected to retest here before dropping further. 3. Current: At Support 4,321 - 4,314 Price is testing minor support. If this breaks, next move is down fast. No bullish reaction yet = sellers are in control.

4. Target: 4,294.28 Blue arrow target. This is the next liquidity below. Below that we have 4,280 and 4,270. Key Levels To Watch Resistance: Supply 4,339.75 - 4,332.03 Green box. This is the key level. 15M close above this = invalidation of bearish bias. Best short entry on retest. Current Support: 4,321.90 - 4,314.28 Minor support. 15M close below 4,314 confirms next leg down. Target 1: 4,294.28 Marked on chart. Next liquidity grab. Target 2: 4,280.00 → 4,270.00 If 4,294 breaks, price will look for buy-side liquidity down there. Invalidation: 15M close above 4,340 If price reclaims the supply zone, structure flips back to bullish. Outlook & Bias Bias: *Bearish while below 4,339 supply*. Expected path: `4,321 → Break 4,314 → 4,294 → 4,280` This is a "Sell the Rally" ICT setup. How To Trade It Shorts: 1. Supply Retest Short*: Entry 4,339 - 4,332. SL 4,350. TP 4,321, 4,294, 4,280. Wait for 5M bearish OB + MSS at supply. 2. Support Break Short: Entry on 15M close below 4,314. SL 4,330. TP 4,294, 4,280. Longs: Only on supply break Entry on 15M close above 4,340. SL 4,315. TP 4,353, 4,360. Avoid: Buying at 4,321 right now. Wait for retest or breakdown confirmation. Risk Management: Risk 0.5% - 0.75% per trade. "Trade only best Trade Setup" = Supply short. Move SL to BE after +8$ profit. ICT + SMC Note: The BOS at 4,330 created a *bearish FVG* below. Price will likely come back to fill part of the supply 4,339-4,332 before continuing down. This is liquidity sweep + displacement. - Summary: Gold broke structure bearish on 15M. Supply 4,339-4,332 is now key resistance. Next targets: *4,314 → 4,294*. Wait for retest to short.