$XAU BEARISH STRUCTURE IN CONTROL — LOWER TARGET IN FOCUS🛑
XAUUSDT
Trajne ter. pog.
4,668.4
-4.01%
Guys! XAU has pushed into the major resistance block near the 5k zone and faced an immediate rejection, confirming strong supply in that area. The prior bullish trendline has already been broken, and the recent move back into resistance failed to reclaim structure, signaling continuation to the downside. Price is now trading below key support, keeping momentum firmly bearish.
This price action reflects a classic breakdown and retest scenario. As long as the resistance zone holds, sellers remain in control and the path of least resistance stays lower.
Entry Zone: Retest into the resistance block
Target 1: 4,600
Target 2: 4,444
Stop Loss: Above the resistance zone