🔴 Bearish SMC Outlook XAUUSD is showing signs of short-term weakness after rejecting the 4,660–4,680 resistance / liquidity zone. 📌 Key Levels • Buy-Side Liquidity: 4,660–4,680 • Bearish Order Block: 4,640–4,660 • Support / SSL: 4,580 • Downside Targets: 4,560 → 4,540 Price is trading beneath a descending trendline and remains capped by the Ichimoku cloud. A rejection from the 4,640–4,660 OB followed by a break of 4,580 could confirm bearish continuation. 🎯 SMC Scenario: Sweep BSL → Reject OB → Break SSL → Target 4,560 / 4,540 ⚠️ A sustained 1H close above 4,660–4,680 would invalidate the bearish setup. #XAUUSD #Gold #GoldTrading #SMC #SmartMoneyConcepts #PriceAction #Forex #TradingView
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