Lingrid | GOLD Further Bearish Pressure May Occur ?GoldOANDA:XAUUSDLingrid💬 Structure: breakdown from the previous consolidation range → sharp impulsive breakout of the major downward channel → current rebound approaching a confluence resistance area. The recent bounce could be corrective. It is now pushing into a resistance cluster formed by the trendline and the channel border. 📌 Key levels Resistance: 4,380–4,420 Support: 4,000–3,930 If price struggles to break above the resistance zone, sellers could re-enter the market and drive the next leg lower toward the lower levels. A short-term bounce may continue first, but the broader structure still favors further downside pressure. Traders, if you like this idea, please leave your thoughts in the comments. I look forward to reading your ideas!