Post #4405

📉GOLD BEARISH SCENARIO IN PLAY! 📊TECHNICAL OUTLOOK Gold has broken below the intraday ascending trendline, signaling a shift in short-term market structure. Price is currently retesting the 4,205–4,198 support zone from the underside, and as long as this region holds as resistance, bearish continuation remains the higher-probability scenario. A clean rejection here could drive price toward the 4,175–4,170 demand zone, where the next major reaction is expected. 📰FUNDAMENTAL OVERVIEW Short-term pressure on gold is supported by renewed USD strength following upbeat U.S. economic data and a cautious Federal Reserve stance. Meanwhile, risk sentiment remains mixed, limiting safe-haven flows and allowing short-term sellers to maintain control. 📎MARKET BIAS Bias remains bearish below 4,205, with sellers aiming for a deeper corrective move unless a significant macro catalyst shifts the momentum back in favor of buyers. #gold#xauusd