Scalping - Sell pressure at the trendline below 4325.GoldOANDA:XAUUSDMoon-ForexAcademy1. Market Trend Bias: Bearish – Downtrend Continuation Price is trading below EMA 9 (~4,316) and well below EMA 89 (~4,408). EMA 9 < EMA 89, confirming strong bearish momentum. The market continues to form Lower Highs (LH) and Lower Lows (LL). Price remains below the descending red trendline, which is acting as dynamic resistance. The recent rebound toward 4,320–4,325 was rejected, creating another Lower High. Current structure: Breakdown → Weak Rebound → Lower High → Bearish Continuation 2. Momentum Histogram: ~-0.42 → selling pressure remains dominant. RSI(14): ~38.6 → below 50, confirming bearish momentum. RSI is not yet deeply oversold, leaving room for further downside. 3. Key Levels Resistance 4,315–4,325: Immediate resistance / EMA 9 + recent LH 4,380–4,390: Major resistance and previous breakdown zone 4,400–4,410: EMA 89 / stronger dynamic resistance Support 4,280–4,290: Immediate support / recent low 4,250–4,260: Next downside target if 4,280 breaks 4,230: Deeper support --------------- SELL GOLD zone : 4320 - 4323 SL : 4328 TP : 4305 - 4288 - 4260 ---------------