Gold Bearish Breakdown SMT Divergence And Key FVG RejectionGOLD (US$/OZ)TVC:GOLDACE_Chart_LogicAnalysis: The Gold 1H chart displays a clear institutional shift from bullish to bearish momentum. Price created a major high marked by SMT Divergence with Silver, signaling smart money distribution. A sharp sell off followed, breaking the internal structure with a CHOCH and breaching the major swing low. Price then pulled back to mitigate the upper Fair Value Gap before dropping further. Currently, price is reacting from a lower Fair Value Gap near the Breaker Block zone, indicating that sellers remain in control and are targeting lower liquidity pools. Key Levels: Resistance Level 1: 4060 - 4070 (Breaker Block Area) Resistance Level 2: 4100 - 4120 (Upper Premium FVG) Immediate Support: 4020 (Minor Lows Area) Target 1: 4000 (Low Resistance Liquidity) Target 2: 3970 (External Range Liquidity) Fundamentals: Gold is experiencing downward pressure due to a firming US Dollar Index and steady Treasury yields. Institutional investors are adjusting positions ahead of key macroeconomic data releases, including US employment reports and central bank policy updates. These fundamental headwinds align with the bearish technical structure, supporting further downside target tests . Note: Trading is risky so always follow your own trading plan. This is not financial advice.