Gold (XAUUSD) Analysis: Short Position from 15-Minute Order Bloc

In this analysis, a potential short opportunity is identified at the 15-minute order block (OB) around 2643. Price has shown a reaction from this zone, suggesting a possible rejection and continuation to the downside. This OB acts as a key supply area where sellers might regain control.

The bearish structure indicates that the price could aim for the previous low as a target, aligning with the broader downtrend and liquidity resting below those levels.

Key Levels:

Entry: 2643 (15-Min OB)
Target: Previous swing low/liquidity zones below
Stop Loss: Above the OB


This setup aligns with a trend-following strategy, targeting the continuation of bearish momentum while managing risk effectively.