๐ Gold (XAUUSD) โ Short-Term Bearish Setup
Price is trading below a descending trendline, showing clear bearish pressure. The 4,800 zone is acting as a strong resistance, with multiple rejections confirming seller dominance.
A weak consolidation just under resistance suggests liquidity buildup before a drop. If price fails to break above 4,800, a downside move is likely.
๐ป Bias: Bearish
๐ฏ Targets: 4,740 โ 4,700 zone
๐ซ Invalidation: Clean breakout & hold above 4,820
Smart money likely pushing for liquidity grab before continuation lower.
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