XAU/USD Daily OutlookGold vs US DollarFUSIONMARKETS:XAUUSDFusionMarketsXAU/USD has rallied back into the key $4649 zone, which previously acted as support and is now behaving as resistance following the recent breakdown. The recovery appears corrective rather than bullish, with sellers still controlling the higher timeframe structure. If price rejects this area with bearish confirmation, gold could continue lower toward recent swing lows. Unless buyers can secure a sustained break above resistance, rallies into this zone may continue to attract selling pressure.