GOLD - The downward trend continues!GoldOANDA:XAUUSDFireWave_Gold- The price has strongly broken out of the support zone (4967 - 4975) and decisively broken the uptrend line, confirming strong selling control. The current main structure remains a medium-term downtrend, maintaining a Lower High - Lower Low pattern and forming a clear bearish Dow pattern. - Multi-timeframe EMAs (H4 - H2 - H1) still support the downtrend, with EMA34 below EMA89. Currently, the price is experiencing a technical rebound after a sharp market downturn. - The zone (4891 - 4899) is currently a crucial resistance area in the current technical uptrend; a breakout of this zone would trigger a short-term rebound to the (4967 - 4975) level. The zone (4804 - 4818) is currently a crucial support area; a break of this zone would open up a further and wider downtrend in the market. ✅ VIEW: 1. SELL SCENARIO: The market is forming a technical retest before continuing the main trend. - The (H1) candle false-breaks the (4891 - 4899) zone. - The descending trendline is still being respected. - The candle closes below the EMA34 (H1). - The candle fails to break the central Fibonacci zone (0.5 - 0.618). => Therefore, the downward momentum will likely return to the support zone (4804 - 4818). If the price breaks this zone, the downward momentum will expand further. 2. BUY SCENARIO: - The (H1) candle confirms a breakout of the (4891 - 4899) zone. - Breakout of the short-term descending trendline. - The (H1) candle confirmed a close above the EMA34 and above the 0.5 Fibonacci level (price range 4910 - 4912). => This suggests a potential return of short-term upward momentum towards the (4967 - 4975) range. => A strong breakout above the (4967 - 4975) range will signal a significant resurgence of upward momentum. SELL LIMIT GOLD: 4881 - 4883 STOPLOSS : 4887 ✅TP1: 4878 ✅TP2: 4862 SELL LIMIT GOLD: 4971 - 4973 STOPLOSS : 4977 ✅TP1: 4968 ✅TP2: 4951 BUY LIMIT GOLD: 4831 - 4833 STOPLOSS : 4827 ✅TP1: 4836 ✅TP2: 4853