XAUUSD: bullish exhaustionGold vs US DollarTICKMILL:XAUUSDTrade8Eight🛠 Technical Analysis: On the 4-hour (H4) timeframe, Gold (XAUUSD) has encountered significant selling pressure after testing the major psychological and technical resistance zone between 4,520 and 4,550. While the pair previously maintained a "Global bullish signal" throughout December, the current price action indicates a structural shift. The price has decisively broken below the steep diagonal resistance line that guided the recent impulse move higher. Currently, Gold is trading at 4,370, struggling to hold above its immediate support level. Further price pressure on support will lead to a breakout, a scenario that should be expected after the New Year holidays. ——————————————— ❗️Trade Parameters (SELL) ——————————————— ➡️ Entry Point: Sell on breakdown of current support (approx. 4,336.58) 🎯 Take Profit: 4224.40 (Support) 🔴 Stop Loss: 4,411.82 ⚠️ Disclaimer: This is a potential trade idea based on current analysis; market conditions and price direction are subject to change based on news factors and volatility.