XAUUSDT (Gold) market update
Strong rejection from the 5,600 area → clear shift from bullish to bearish structure on the daily.
Trend context
Lower highs forming after the 5,625 top
Sharp breakdown → momentum currently bearish
Key resistance
4,800–4,900 (recent breakdown zone)
5,100 mid resistance
5,350–5,400 major supply
Key support
4,450–4,480 immediate support
4,200 strong demand zone
4,000 psychological level
What to watch
If gold stays below 4,800, downside continuation is likely.
Break below 4,450 → opens move toward 4,200
Any bounce into 4,800–5,000 may face strong selling pressure (bearish retest zone).
Overall: bearish correction phase after a major top, trend favors downside unless price reclaims 4,900.
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XAUUSDT
Perp.
4,744.26
+1.09%