Gold Maintains Bearish Pressure – Risk of Retesting 4,300GoldOANDA:XAUUSDMian-FXSignals📊 Market Overview: Gold prices continue to weaken and are trading around the 4,320 area after losing the psychological 4,500 level. The main reasons are the strong U.S. dollar and continued technical selling following last week’s sharp decline. The market is currently cautious at the beginning of the week, with capital flows favoring selling in line with the main trend. 📉 Technical Analysis: • Key resistance: 4,340 – 4,350 • Strong resistance: 4,380 – 4,400 • Nearest support: 4,300 – 4,290 • Strong support: 4,260 – 4,250 • EMA: Price remains below EMA 09 → short-term trend remains bearish. • Candlestick / Volume / Momentum: Bearish momentum still dominates. Every rebound toward resistance zones encounters selling pressure again. Volume during declines remains higher than during rebounds, indicating sellers are controlling the market. The price structure continues to form lower highs – lower lows, typical of a downtrend. 📌 Outlook: Gold may continue to decline in the short term if the price fails to reclaim 4,350, especially if the 4,300 level is clearly broken. 💡 Trading Strategy: 🔻 SELL XAU/USD: 4,350 – 4,353 🎯 TP: 40 / 80 / 200 / 300 / 500 pips ❌ SL: 4,360 🔺 BUY XAU/USD: 4,250 – 4,247 🎯 TP: 40 / 80 / 200 / 300 / 500 pips ❌ SL: 4,240