XAU/USD: Potential Reaction at Supply Zone

*On the 4H timeframe, XAU/USD has shown a clear CHoCH (Change of Character), with the previous Higher Low (HL) being broken, taking out Buy-Side Liquidity near the highs. Price is now trading within a supply zone, aligning with bearish order flow.

On the 30M timeframe (see chart):
• A CHoCH has been identified within the supply area, signaling a potential shift in direction.
• Price looking to clear the inducement (IDM) before tapping into the zone, strengthening the likelihood of a sell-off.
• I’m anticipating a reaction and continuation to the downside, targeting lower liquidity levels around $2,730.500.

Key Points:
• Bearish Bias from the 4H Supply Zone.
• Liquidity grab + CHoCH on the 30M confirms bearish intent.
• Targeting the lows near $2,730.500 for a high-probability trade setup.

Trade Idea:
Wait for confirmation within the 30M supply zone (e.g., a lower timeframe entry such as a CHoCH or breaker structure). Maintain discipline and proper risk management.

What do you think about this setup? Drop your thoughts below!
Bless Trading!