19/07/2026
π XAUUSD Weekly Outlook
Gold remains in a clear downtrend, respecting the ITH β ITL market structure. Before the next bearish continuation, I'm expecting a temporary bullish retracement into the 1H Order Block (OB) and Fair Value Gap (FVG). This area could provide a high-probability reaction if sellers step back in and the market confirms a bearish structure. I don't predict tradesβI wait for confirmation before entering. This analysis is based on Smart Money Concepts (SMC) and is shared for educational purposes only.