Gold (XAUUSD) on the 5-minute chart is showing a clear bearish structure Price has moved down from the 4378 area toward 4350 forming lower highs and lower lows.

đŸ”» Current structure: Bearish
📍 Current price: Around 4353
📉 Resistance: 4355–4358
📉 Support: 4347–4350

At the moment, price is consolidating around 4350–4354. A break below the 4347–4350 zone could indicate further downside while a strong move above 4355–4358 could signal a short-term recovery.

⚠ This is technical analysis based on the provided M5 chart not a guaranteed trade signal Always use proper risk management.


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