XAU/USD: Tactical Short Play as Market Structure Shifts – A High Probability Zone Emerges

Hello KoraFX community, Serkan Kaya here from Ankara. While many of you know my long-term outlook for precious metals, particularly XAU/USD, often leans bullish due to intrinsic value and geopolitical uncertainties, it is crucial to remain adaptive to immediate market dynamics. Today, despite my usual optimism, I'm identifying a compelling tactical short opportunity in Gold.

Market Structure & Technical Rationale

Looking at XAU/USD, we are currently trading around 2900.34, marking a -0.67% decline over the last 24 hours, with the price oscillating within a Day Range of 2870.86 to 2929.83. The prevailing trend, as we can clearly observe, is bearish. This current weakness, following a period of consolidation, suggests a market structure shift is underway, favoring downside continuation for the