XAUUSD Analysis: Bearish Rejection from Key Resistance 🔥

XAUUSD Gold vs US Dollar
XAUUSD Analysis: Bearish Rejection from Key Resistance 🔥

XAUUSD Analysis 📊

Gold was trading within a rising channel and has now faced strong rejection from the upper resistance zone (4820–4825).

Price has also broken the trendline, indicating a shift towards bearish momentum.

If downside continuation occurs, further decline is expected.

🎯 Target 1: 4800

🎯 Target 2: 4770

Zone rejection + structure break = bearish bias 📉

Risk management is essential ⚠️

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