XAU/USD 15-Minute Analysis
The chart shows a bearish setup developing after a break of structure (BOS) and consolidation below the 4,160–4,161 resistance/sell zone.
- Sell zone: 4,160–4,161
- Current price: around 4,152
- Stop loss: 4,186
- Target: 4,100–4,101
- Key resistance: 4,160–4,170
- Key support: 4,140, then 4,130 and 4,100
Trade idea: If price retraces into 4,160–4,161 and shows bearish rejection, the setup favors a short continuation toward 4,140 → 4,130 → 4,100. A strong 15-minute close above the sell zone would weaken the bearish setup, while a move above 4,186 invalidates it.
Bias: 🔴 Bearish below 4,161.
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