XAUUSD GOLD SELL SIGNAL Strong Bearish ResistanceTarget 3940

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XAUUSD GOLD SELL SIGNAL Strong Bearish Resistance Target 3940Gold / U.S. DollarFOREXCOM:XAUUSDAi_Algo-AnalysisGold is showing strong bearish pressure after rejecting the key resistance zone around 4055–4065. The price failed to break above this supply area, indicating that sellers are gaining control of the market. Technical Analysis: Gold has formed a bearish rejection near the resistance zone, followed by a downward price movement. This suggests a potential continuation of the existing downtrend. The overall market structure remains bearish, with lower highs and selling pressure visible on the chart. Key Resistance Zone: 4055–4065 Current Chart Price: 4031 Bearish Invalidation: Above 4080 Bearish Price Targets: TP1: 4030 TP2: 4000 TP3: 3970 TP4: 3940 Market Outlook: If gold remains below 4065 and breaks 4030 with strong bearish momentum, the price could continue declining toward 4000, 3970, and eventually 3940. However, a sustained move above 4065 would weaken the bearish setup.