XAUUSD (Gold) Analysis and trade idea

Gold is broken structure to the downside, and a return to impulse is expected. I've identified a bearish order block as my POI. When price reaches it, I will look for the indications that price is transitioning from bullish to bearish momentum, and when a valid entry presents itself, I will short the market.

What are your thoughts on this analysis? I would love to get some feedback from you.

Kommentera:

Looks like price has reached the POI.
Now, I'm looking for bearish PA.