XAUUSD is testing a key intraday resistance after failing to reclaim recent highs. Price remains trapped below the previous rejection zone while momentum is fading, despite holding above short-term moving averages. The weak bullish follow-through, declining volume, and repeated resistance tests suggest buyers are losing strength. A confirmed rejection near current levels could trigger a move toward nearby support, offering a favorable risk-to-reward setup for short positions. However, patience is essential. Wait for bearish confirmation before entering, and manage risk with a disciplined stop-loss above resistance. Always trade the reaction, not expectations. #ShareMyTradFi