XAUUSD | 15M Bearish Rejection from Resistance

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XAUUSD | 15M Bearish Rejection from ResistanceGoldOANDA:XAUUSDAurum_ForexGold has completed a strong bullish recovery from the major support area near 4102-4105 and is now trading inside a key intraday supply zone around 4168-4172. The highlighted structure shows price respecting an ascending channel while approaching resistance. If buyers fail to secure a sustained breakout above the current resistance zone, a corrective move toward lower support levels may develop. 🔍 Technical Analysis ✅ Price testing a significant resistance area ✅ Multiple reactions near intraday highs ✅ Ascending channel approaching decision point ✅ Potential pullback toward previous support zones 🎯 Bearish Targets 🎯 Target 1: 4148.00 🎯 Target 2: 4128.00 🎯 Target 3: 4105.00 📍 Entry Zone: 4168.00 - 4172.00 ⚠️ A sustained break and acceptance above 4188.00 - 4190.00 would weaken the bearish outlook. Note: This idea is shared for educational purposes and reflects current market structure and price action.