bullish
XAUUSD-4H
commodities2026-10-30
Active
Market Conditions
1
XAUUSD APPROACHING A KEY ORDER BLOCK FOLLOWING SUSTAINED BEARISH PRESSURE AT 4H
I observed a sustained bearish structure, with price maintaining a sequence of lower highs and lower lows beneath the descending curved resistance. The recent downside expansion has brought price closer to a previously identified Order Block, positioned around 3,830–3,795, which now represents the primary area of interest.
Speculative Outlook:
Price may extend lower toward the highlighted Order Block, where a potential bullish reaction could develop. If clear bullish candlestick confirmation emerges within this region, a corrective recovery toward 4,050 may follow. However, sustained acceptance below the Order Block would weaken the anticipated recovery and support further downside continuation.
For now, the highlighted region remains the key decision point for the next market reaction.
Speculative Outlook:
Price may extend lower toward the highlighted Order Block, where a potential bullish reaction could develop. If clear bullish candlestick confirmation emerges within this region, a corrective recovery toward 4,050 may follow. However, sustained acceptance below the Order Block would weaken the anticipated recovery and support further downside continuation.
For now, the highlighted region remains the key decision point for the next market reaction.
NOT INVESTMENT ADVICE – RESEARCH ONLY.
Ahsan Raza
© 2026 Independent market research. Not investment advice
© 2026 Independent market research. Not investment advice