Gold (XAUUSD) – 4H Resistance Reaction | Potential Move Lower

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Gold (XAUUSD) – 4H Resistance Reaction | Potential Move LowerGoldOANDA:XAUUSDElliana_FxGold is currently trading below a key resistance zone (~4800–5000) after showing signs of rejection. Price structure suggests the market may be struggling to continue higher. 🔎 Key Observations: Clear rejection from resistance area Lower highs forming → possible bearish pressure building Previous liquidity taken from the downside, leaving room for imbalance 📊 What to watch: Bearish scenario: Continued weakness could lead price toward the support zone (~4200 area) Bullish scenario: Strong reclaim above resistance would invalidate this view ⚠️ Approach: Wait for confirmation (break of structure or rejection) before considering any direction. Avoid early entries. This idea is for educational purposes only, not financial advice. Manage your risk. 💬 Do you expect continuation lower or a reversal from here?