Gold (XAUUSD) — Bearish Pressure Continues

Gold remains under selling pressure after a sharp correction from recent highs. The move was largely driven by a strong U.S. Dollar and rising yields, which continue to limit upside potential.

📉 Market Structure

• Trend → Bearish to Consolidation

• Momentum → Weak

• Market Behavior → Sell on rise

Gold has broken below key consolidation zones, confirming short-term weakness.

🔻 Resistance Zones

4600 – 4620

Immediate supply area where sellers may re-enter.

4680

Major resistance — break above may signal reversal.

🔻 Support Zones

4520 → Immediate support

4480 → Breakdown level

4420 → Next bearish target

📌 Conclusion

Gold remains in a bearish structure, and rallies into resistance zones may present selling opportunities. Monitoring reactions near 4600–4620 and 4480 will be critical for the next directional move.

For signals and market insights : https://t.co/ELFbqwE38H

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