Is Gold about to resume it's downtrend?GoldOANDA:XAUUSDDukesMarketAnalysisLower high confirmed Failure to break the all-time high followed by a clear lower high around ~$5,400 → early shift in structure Key level flipped $5,100 now acting as resistance after losing it → reclaim needed to restore bullish momentum Price trapped Trading between the 50/100 EMAs, both flattening → loss of trend direction and strength Support under pressure Price drifting back toward ~$4,644 with weaker bounces → buyers not stepping in aggressively Failed continuation attempt Rejection below ~$4,892 shows inability to push higher → upside attempts fading Momentum profile RSI stuck around 50 → neutral conditions, typical before expansion In Summary Gold is showing increasing signs that its prior trend may be fading, with a clear lower high forming after the all-time high. The $5,100 level has flipped into resistance, and price is now trapped between flattening moving averages, signalling a loss of direction. Repeated failed attempts to push higher and weakening reactions at support suggest buyers are losing strength. If $4,644 breaks, it would likely confirm continuation of the medium-term downside move.