XAUUSDc M15 | 15:00

Market bias is WAIT. M15 structure remains downward, but price is below the 4160.033-4166.127 key zone after bouncing from 4150.711.

Entry Zone: No entry yet; monitor 4160.033-4166.127. A zone touch alone is not an entry—wait for a later closed M15 bearish reversal candle.

Trigger: A closed bearish reversal is required after the retest. SL: Not set before confirmation. TP: Exactly 1R from the eventual confirmation-close entry. RR: 1:1.

Action: NO_TRADE. Invalidation: None specified; a move above 4166.127 weakens this near-term bearish setup, while the latest bullish closed bar means selling now carries rebound risk.

Confidence: 72%