XAUUSD Bearish Continuation Toward 3100 | 4H + Weekly Structure

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Analysis Overview:

On the 4H timeframe, Gold (XAUUSD) is showing clear bearish intent after breaking below a long-term weekly trendline approximately two weeks ago. This trendline had been acting as dynamic support for months, and its break signals a potential shift in structure.

Key Observations:

Weekly Trendline Broken: Price decisively closed below the major weekly bullish trendline, suggesting a possible trend shift or deeper retracement.

4H Market Structure Shift: Price is forming lower highs and lower lows, respecting a descending channel.

Fair Value Gap (FVG): Price recently tapped into a 4H FVG and showed rejection, suggesting a continuation to the downside.

Old Support (Now Resistance): 3225–3250 zone is acting as a resistance area where previous support flipped.

Projected Target Zone: Price may continue its bearish momentum down toward 3106–3080, aligning with the weekly demand zone and retest area of the long trendline from below.


Bearish Confluence:

Trendline Break (HTF)

Bearish Market Structure on 4H

FVG Reaction

Resistance Flip Zone

Liquidity Below 3100


Conclusion: As long as price remains below 3250, bearish bias remains intact. I’ll be watching for reaction around 3100–3080 for a potential bounce or reversal.

Do your own analysis before entering any trade. Not financial advice.


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Feragatname

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