Accumulation - Breakout - Decline: Golden Structure now GoldOANDA:XAUUSDJJainy🔺Related Information: (XAU/USD) Gold (XAU/USD) comes under renewed selling pressure around the $4,830 level during the early Asian trading hours on Thursday. The metal posts its sixth straight daily decline—marking its longest losing run since late 2024—after Federal Reserve Chair Jerome Powell indicated that rising energy costs are likely to lift overall inflation. At its March policy meeting on Wednesday, the Federal Reserve (Fed) opted to keep interest rates unchanged, leaving the benchmark Federal Funds Rate within the 3.5%–3.75% range. This marks the second consecutive pause, as policymakers continue to assess economic uncertainty driven by the ongoing conflict in Iran and stubbornly high inflation. 🔜🔜🔜🔜🔜🔜🔜🔜🔜🔜 📌 Chart analysis: 🔗 Short-term timeframes: M15, M45, H1 Short-term timeframes: H1 and below: breakout from the 4970 sideways range. The price has broken above the EMA line, indicating strong selling pressure. There was a recovery around 4858, M15 resistance. 🔗 Medium-term timeframes: H2, H4 H4 formed a breakout around the 4880 resistance level, maintaining selling pressure. Key zones: 🔗 Supply zone (resistance): 4858, 4880 , 4972 🔗 Demand zone (support): 4804, 4717 🔗 Three EMA moving averages; technical indicators: stochastic, volume set up signal : 🔗 SELL XAU 4970 - 4975 stoploss: 4980 Take profit : 4940 - 4913 - 4870 🔜🔜🔜🔜🔜🔜🔜🔜🔜🔜 ✏️ Personal opinion: Selling pressure, downward correction in short-term timeframes, remaining below 5000. 📥 Follow us for the most accurate gold price trends.