XAUUSD — Gold Remains Heavy Below 4,226 GoldOANDA:XAUUSDFelix_MacroTradeXAUUSD — Gold Remains Heavy Below 4,226 Gold is opening the new week with a weak technical structure after the sharp decline from last week. Although price is attempting to stabilize around the 4,140 - 4,150 area, the current reaction is still not strong enough to confirm a real recovery. From an SMC perspective, the short-term structure remains under bearish pressure. Price has already lost several important support areas, and those broken zones are now turning into potential supply. The recent bounce from the Demand Base around 4,080 - 4,120 looks more like a corrective reaction rather than a confirmed bullish reversal. The key level to watch now is the Near-Term Breaker around 4,220 - 4,226. This is the first important decision zone for buyers. If gold cannot reclaim and hold above this area, the market may continue to treat every recovery as a sell-side opportunity. Above the current price, resistance is layered very clearly. The first supply zone sits around 4,220 - 4,240. If buyers manage to break through that area, the next reaction zone comes near 4,300 - 4,310. A stronger recovery would need to clear the higher-timeframe resistance around 4,398 - 4,400 before the larger seller zone at 4,470 - 4,500 becomes relevant. On the macro side, gold is still facing pressure from a firm US Dollar, which remains near a 17-month high. Even though oil prices, bond yields, and Fed rate-hike expectations have cooled slightly, the broader technical picture still leans bearish in the short term. For now, gold has dropped strongly, but there is still no clear sign that buyers have regained control. A short-term bounce is possible from the demand base, but as long as price stays below 4,226, the structure remains vulnerable. Key Price Zones to Watch Current price area: 4,135 - 4,150 Main demand base: 4,080 - 4,120 Near-term breaker: 4,220 - 4,226 Short-term supply: 4,220 - 4,240 Mid-range supply: 4,300 - 4,310 Higher-timeframe resistance: 4,398 - 4,400 Higher-timeframe seller zone: 4,470 - 4,500 Bearish continuation level: below 4,080 Next downside area if demand fails: 4,050 - 4,020 Main view: Gold remains technically weak while trading below 4,226. Buyers need a clean reclaim above this breaker zone before any recovery can be trusted. If price fails to hold above 4,180 - 4,226, sellers may continue pressing gold back toward 4,080, with risk of a deeper move toward 4,050 - 4,020. Do you think gold can reclaim 4,226 this week, or will sellers continue to control the market from the supply zones?