$XAU /USDT – Gold Market Analysis🔻
Gold is under strong selling pressure after falling below the $4,000 psychological level. The short-term trend remains bearish, with support near $3,965 and resistance around $4,035.
A breakdown below support could extend losses, while a reclaim of resistance may trigger a relief bounce. Wait for confirmation before entering.
#XAU #Gold #TradingAnalysis
Gold is under strong selling pressure after falling below the $4,000 psychological level. The short-term trend remains bearish, with support near $3,965 and resistance around $4,035.
A breakdown below support could extend losses, while a reclaim of resistance may trigger a relief bounce. Wait for confirmation before entering.
#XAU #Gold #TradingAnalysis