Gold Sell Setup: Bearish Price Action Points to 3092!

Hello traders,

I'm currently keeping a close eye on Gold (XAU/USD) for potential short setups. Recent price action shows clear bearish pressure, with Lower Highs (LHs) and Lower Lows (LLs) forming consistently — a strong indication that bulls are losing control and sellers are still in charge.

I'm particularly watching the internal highs around the 3265 zone. I’m anticipating a possible liquidity sweep above that level — a fake breakout that could tap into the daily imbalance zone (highlighted on the chart below). If price reacts bearishly from that area, I’ll be looking for confirmation to go short.

GOLD Daily


My short-term target for this sell idea is around 3092, just below last week's low.

That’s my current perspective on Gold — what are your thoughts?
Feel free to drop your analysis or any alternative views in the comment section below. Let’s learn and grow together!