This is a bearish Smart Money Concepts (SMC) short trade setup on Gold ($XAU $USDT ).
The CHoCH (Change of Character): An aggressive downward drop broke previous market structure, shifting the trend from bullish to bearish.
The FVG (Fair Value Gap): That sharp drop left behind an imbalance (the red horizontal box between 4,328.00 and 4,336.00).
The Trade: The price pulled back up into that FVG to fill the imbalance, triggering a short (sell) entry that successfully targeted the lower liquidity pools down to 4,304.16.
#TradingSignals #GOLD_UPDATE
The CHoCH (Change of Character): An aggressive downward drop broke previous market structure, shifting the trend from bullish to bearish.
The FVG (Fair Value Gap): That sharp drop left behind an imbalance (the red horizontal box between 4,328.00 and 4,336.00).
The Trade: The price pulled back up into that FVG to fill the imbalance, triggering a short (sell) entry that successfully targeted the lower liquidity pools down to 4,304.16.
#TradingSignals #GOLD_UPDATE
