XAUUSD Oversold Bounce or Further Breakdown?

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XAUUSD Oversold Bounce or Further Breakdown?GOLD (US$/OZ)TVC:GOLDJAVEL_FXGold faced a sharp selloff after rejecting the 4620–4650 resistance zone and is now testing the 4453–4425 support area. 1H RSI is deeply oversold around 22, so a short-term relief bounce is possible if 4425 holds. Bullish scenario: if price holds - 4464–4500, with 4600–4655 possible if momentum strengthens. Bearish scenario: 4425 breaks -4415, followed by 4350. For Mondays market open, I’ll be watching the reaction around 4425 closely. The broader structure will remains bearish until price reclaims the 4620 area. Let's see market new move This is not any financial advice KEducational purpose only. Always manage risk. N