XAUUSD TRADEIDEA

XAUUSD

• Bias: Bearish
• Price remains below the descending trendline, indicating sellers are still in control.
• Resistance: 4075–4080 (key rejection zone).
• Current Support: Around 4045. A decisive break below this level increases bearish momentum.
• Next Target (TP): 3963 (major support shown on the chart).
• Invalidation / SL: Above 4080–4090 or after a strong H4 candle closes above the trendline.
• Trade Idea: Favor short positions on rallies or after a confirmed break below 4045, targeting 3963 while maintaining disciplined risk management.