XAUUSD 6/7/26 Asia Session

First setup I’m spotting is based on how PA developed earlier during NY session. After the bullish run, price tapped into the H4 key level around 4760 the same area where price previously sold off aggressively. Once again, we got a very similar reaction and bearish pressure stepped in

Daily closed back under the zone with a strong wick rejection above, while H4 printed 2 solid bearish candles closing under the level. Lower timeframe PA also started showing bearish confirmation

At this point, I’m not interested in chasing sells at the bottom. Best approach now is waiting for a pullback into premium pricing. 4735–4740 is my main AOI since price left a bearish imbalance there, so best probability is attempting sells from that retracement zone. I’ll be sending a sell limit shortly.

The second setup I’ll be taking now is low risk. Price came back down into the 4680–4690 zone, the same area where price printed a bullish imbalance during Wednesday’s London session. This zone already proved itself yesterday as price bounced from here and pushed over 700+ pips

What I like here is the previous H1 closure, strong rejection from 4684, rejection from VWAP, and a solid bullish engulfing candle closing back above the zone. My entry is here price retrace into the lower timeframe bullish imbalance around 4697 rejecting