XAUUSD Analysis: Bearish Rejection from Key Resistance ๐Ÿ”ฅ

XAUUSD Gold vs US Dollar
XAUUSD Analysis: Bearish Rejection from Key Resistance ๐Ÿ”ฅ

XAUUSD Analysis ๐Ÿ“Š

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

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

If downside continuation occurs, further decline is expected.

๐ŸŽฏ Target 1: 4800

๐ŸŽฏ Target 2: 4770

Zone rejection + structure break = bearish bias ๐Ÿ“‰

Risk management is essential โš ๏ธ

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