Why Sell Gold Right Here? Order Block Retest
How an order block retest works on a real gold example from 16 October 2026. One big red candle broke the last swing low, and the last green candle before that move became the order block. When price came back up into that zone, the sell entry triggered, and the target at two times the risk was hit within two hours.
Key points
The move: one big red candle broke below the last swing low at $4,196.2.
The order block: the last green candle before that move, from $4,202.4 to $4,206.5.
The retest: price came back up into the zone. Sell at the bottom of the zone, $4,202.4.
The trade: stop $4,207.5, just above the zone; target $4,192.2 (2R), hit within two hours.
Chart data: COMEX gold futures 15-minute OHLC (UTC), 16 Oct 2026. Education only, not a signal.
Read more: Order Blocks on XAUUSD: Identification, Refinement and Risk · Smart Money Concepts (SMC) for XAUUSD: A Balanced Guide
Transcript
Entry here. Target hit, within two hours.
Here's why.
One big red candle breaks the last swing low.
The last green candle before it is the order block.
Price comes back into it. Sell there.
Stop just above the zone. Target, two times the risk.
Move, order block, retest.
