#XAUUSD Technical AnalysisGoldOANDA:XAUUSDsyedkamran1988📈 Summary: Gold continues to present favorable short-term opportunities within a defined range structure. During the recent session, price action dipped towards the #3,286.00 area, where it found temporary support and initiated a modest bullish bounce. My initial short positions from the #3,314.70 resistance zone delivered quick scalping profits into the lower #3,290.00 area, and from there I monitored for potential buying setups around the demand belt of #3,285.00 - #3,288.00. I executed aggressive scalps from this range and closed partials as price flirted with the #3,292.80 zone. No major continuation was seen, so I preserved capital and stayed light ahead of upcoming directional confirmation. 🔍 Technical Analysis: Gold remains under pressure as long as the #3,314.70 - #3,320.00 zone acts as resistance. The 4H structure remains in a short-term downtrend, with lower highs and lower lows, although price is attempting to stabilize around key support at #3,285.00. This is an inflection area, as failure to hold could push Gold further down into the #3,250.00 monthly support target. Upside scenarios remain valid only if we see a clean break and 4H candle close above #3,302.00 followed by #3,314.70. In that case, a potential test towards #3,331.00 - #3,333.70 resistance zone becomes viable. Until then, price remains trapped in a corrective channel with overlapping price action. Bearish Continuation Path: Break below #3,285.00 support would likely trigger stops and drive price down to #3,270.00 and ultimately #3,250.00, completing a full correction leg. Bullish Reversal Path: Sustained trading above #3,302.00 with momentum above #3,314.70 would invalidate immediate bearish bias and shift short-term trend to bullish with target zones at #3,331.00 and #3,333.70. Conclusion: Gold is in a wait-and-react zone. Bias remains slightly bearish under #3,302.00 but ready to flip should bulls regain control above #3,314.70. Key volatility expected as fundamental catalysts (Fed, NFP, geopolitical tension) are still unfolding. 📌 Disclaimer: Forex and commodity markets carry significant risk and are not suitable for all investors. Past performance is not indicative of future results—trade wisely and always use proper risk management