Another Volatile Day for Gold: Is the Next Leg Down Loading?

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Another Volatile Day for Gold: Is the Next Leg Down Loading?GoldOANDA:XAUUSDMihai_IacobYesterday was just another volatile session for Gold... After testing the waters above $4,000, price reversed sharply during the New York session, dropping to around $3,930. A brief consolidation followed, and by the time of writing, Gold already rebounded toward $3,970, reclaiming the $3,960 support area. Despite this recovery, the overall structure remains bearish — as long as price fails to stabilize above $4,000, sellers maintain control. 📉 Outlook: I continue to expect another leg down, with $3,915 as my next focus, followed by the recent low around $3,885.