Full gap 4832, gold price adjustment downwards.

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Full gap 4832, gold price adjustment downwards.GoldOANDA:XAUUSDMoon-ForexAcademyπŸ“ˆ 1. Trend & Structure Previously, price was moving in a clear uptrend, supported by an ascending trendline. However, the latest bullish leg: Formed a new high (point C), then dropped sharply to point D Broke the short-term bullish structure (breakdown from the top) πŸ‘‰ Current situation: Price bounced from the ascending trendline (D) but failed to sustain momentum A lower high has formed, along with a strong reaction at the supply zone πŸ‘‰ Conclusion: The mid-term trend remains bullish But the short-term is shifting into a bearish / corrective phase πŸ“Š 2. Key Levels πŸ”΄ Resistance (Sell Zone) 4,830 – 4,850 Confluence: Supply zone Gap area Recent swing high πŸ‘‰ This is a high-probability zone for continued selling pressure πŸ”΅ Support (Buy Zones) 4,800 – 4,790 (near-term support) 4,760 – 4,740 (major support: trendline + demand zone) Deeper level: ~4,700 3. SIGNAL : SELL GOLD zone 4831 - 4834 SL : 4839 TP : 4802 - 4777 - 4732