XAUUSD Structure Shift After Resistance Rejection

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XAUUSD Structure Shift After Resistance RejectionGoldOANDA:XAUUSDSwingTrade_ConceptXAUUSD displayed a well-defined bullish structure earlier, supported by a rising trendline and consistent higher highs. Price advanced smoothly until it reached the 4550 resistance zone, an area that has historically attracted strong sell-side interest. Multiple rejections near this level indicated exhaustion in buying momentum and increasing seller participation. The market tone changed once price failed to sustain above the trendline. A decisive break below dynamic support confirmed a short-term structure shift, followed by an impulsive bearish move. The strength and speed of this decline suggest active distribution rather than a shallow pullback, highlighting that sellers briefly gained control. After the sharp sell-off, price reached a key support zone, where bearish momentum slowed and candles began to compress. This behaviour reflects temporary balance as the market absorbs previous volatility. Such pauses often appear after aggressive moves and act as decision zones for the next phase. From a broader perspective, this area now defines market intent. Holding above support may allow price to stabilise and attempt a corrective recovery, while failure to hold would keep downside pressure intact. Overall, XAUUSD has transitioned from trend continuation into a rebalancing phase, making patience and confirmation essential before the next directional move unfolds.