GOLD: Break the Downtrend or Just a Temporary Rebound?GOLD (US$/OZ)TVC:GOLDchungngct📌 Key Highlights • This week brings fewer major economic releases. The market will focus on the U.S. ISM Services PMI, the June FOMC Meeting Minutes, and Weekly Jobless Claims. • Bearish: If the Fed maintains its hawkish stance and U.S. economic data remains resilient, the USD could stay strong and continue weighing on gold. • Bullish: If economic data weakens or the Fed signals a more dovish outlook, gold may extend its recovery. 📌 Trading Plan Resistance: 4190–4210 | 4260–4280 | 4320–4380 Support: 4110–4125 | 4020–4040 | 3942–3960 📌 Personal View ✅ Gold is testing a long-term descending trendline and a key resistance zone. ✅ I prefer waiting for price confirmation around resistance before entering new positions. ✅ A break above 4210 could open the door for a move toward 4260–4280. ✅ Failure to hold 4125 may lead to another retest of the 4020–4040 demand zone. 📌 What do you think? Will gold break above the downtrend, or is this just another rally to sell?