Bearish Bias on Gold: Watching the Supply Zone

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Bearish Bias on Gold: Watching the Supply ZoneGoldOANDA:XAUUSDMrAryan_ScalperXAU/USD remains in a short-term bearish trend, respecting the descending trendline and printing lower highs. Price is currently trading below key resistance, with multiple supply areas (Order Blocks) overhead. A pullback into the 4040–4060 resistance zone could provide a bearish reaction if sellers defend the area. The Fair Value Gap (FVG) and liquidity zone above may attract price before the next move lower. If price rejects from the highlighted Order Block, the bearish trend could continue toward 4,020, with a possible extension to the 4000 support area.