XAUUSD Downtrend

Based on SMC (Smart Money Concepts) analysis, it appears that gold on the 4-hour timeframe is likely to continue its downward movement after liquidity was swept from the previous high. Now, we are faced with two potential scenarios:

Scenario 1: A direct drop from the green box.
Scenario 2: A slight upward move into the FVG (Fair Value Gap), followed by a strong decline.
Let’s see which scenario gold decides to follow!