XAUUSD /GOLD

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XAUUSD /GOLD Gold vs US DollarIC:XAUUSDRohan_analystGold is facing strong selling pressure after a sharp bearish move, with price currently trading around 3875 on the 1-hour chart. The market has broken below key support levels and previous bullish structure, indicating that sellers remain in control. Although a short-term recovery may occur, the overall market structure remains bearish unless buyers reclaim important resistance zones. KEY RESISTANCE ZONES The 3925–3940 area is an important resistance and potential supply zone. If Gold retraces into this region and faces rejection, sellers may regain momentum and trigger another downside move. A sustained breakout above this zone could weaken the bearish outlook. BEARISH SCENARIO — DOWNSIDE TARGETS If Gold fails to recover above resistance and bearish momentum continues, the following levels are worth watching: Support 1: 3835 Support 2: 3800 Further downside: Possible if price breaks below 3800 with strong selling pressure. A confirmed rejection from resistance or a bearish break of market structure could strengthen the downside scenario. 📰 MARKET FUNDAMENTALS Gold remains sensitive to U.S. dollar movements, Treasury yields, Federal Reserve expectations, and upcoming economic data. A stronger dollar or rising yields may add further pressure on Gold, while a weaker dollar could support a recovery. your support means a lot! If you found this analysis useful, leave a Like and tell me your thoughts in the comments. Best of luck with your trading journey! 🚀