📉 Gold Spot (XAU/USD) – 1H Market Structure Update
🕕 Date: June 6, 2025
💰 Current Price: 3,362.80

🔴 Supply Zone (Resistance)
🔺 3337–3343 – Price reacted from this bearish OB (Order Block). Rejection observed, marking it as a strong sell-side area. If price re-tests this, watch for liquidity grab and rejection.
📌 Marked in red on chart.

🟢 Demand Zone (Support)
🟩 3327–3331 – Key bullish OB zone. Labeled as “Wait for Confirmation.” If price returns here, expect potential bounce setups or BOS if structure holds.
📌 Marked in green on chart.

📊 Scenarios to Watch:

✅ Bullish Scenario:
If price revisits 3327–3331, and you see a bullish CHoCH (Change of Character) or strong bullish candle with volume, consider long positions toward 3340–3348 as short-term targets.
🎯 Target: 3408.21 (liquidity above previous high)

❌ Bearish Scenario:
If price fails to hold the green zone (3327–3331) and breaks below cleanly, expect deeper correction toward 3300–3280 levels.
⚠️ Avoid longs without confirmation!

📌 Tips (Smart Money Concepts):
🔹 Watch for liquidity sweeps around 3337–3343.
🔹 Avoid impulsive entries; wait for BOS or CHoCH.
🔹 Monitor volume on rejections or confirmations.

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