🚨 XAU/USD: Gold Just Sent a Warning... Don't Ignore It
Gold has shifted firmly into a bearish structure after breaking below the $4093–$4116 support zone, which has now turned into a major resistance area. Monday's gap-down trapped buyers and confirmed that selling pressure remains in control.
The repeated failure to reclaim the $4055–$4080 zone shows that buyers are struggling to regain momentum. As long as Gold trades below $4055, my overall bias remains bearish, and I will continue looking for selling opportunities on rallies.
📊 Tuesday Trading Plan
After such a sharp sell-off, I don't expect Gold to continue falling immediately. Markets often pause to create liquidity after a strong impulsive move.
My expectation is for a short-term corrective bounce toward $4030–$4040, where late sellers could be trapped and fresh buyers may enter the market. However, I believe this recovery will be temporary and could provide another high-probability selling opportunity.
A brief move back above $4000 doesn't necessarily signal a trend reversal. Instead, it may simply be a liquidity grab before the broader bearish trend resumes.
🔑 Key Levels
Resistance: $4030–$4040
Major Resistance: $4055
Psychological Level: $4000
Key Support: $3950
📉 Bias
✅ Bearish below $4055
📈 Expect a limited pullback before another downside move
🎯 Watch for price action confirmation before entering trades
This analysis is based purely on price action and market psychology. Trade patiently, follow your risk management plan, and avoid chasing the market.
💬 What's your trading plan for Gold this Tuesday? Share your view in the comments!
farah khan