XAUUSD 13/11: Breakdown after the sell-off?XAU/USD Spot - GoldFX:XAUUSDIndiSharkIndiShark is here! 🌊 Gold has fallen sharply into the 3870–3890 support area, but the initial rebound remains limited. Continued consolidation near this zone would strengthen the downside-break scenario toward 3760, provided buyers fail to generate a sustained recovery. My plan: 🔽 SELL: ~ 3896 ❌ SL: 4011 | ✅ TP: 3760 Key points 👇 ➡️ Support needs to produce a stronger response. Price remains close to the lows after the aggressive decline, keeping sellers in control. The marked entry is a preliminary reference, while a sustained break below 3870 followed by a failed reclaim would provide more conservative confirmation. ➡️ Distinguish a breakdown from a temporary sweep. A brief move below support followed by a quick return above 3890 would weaken the immediate short scenario. Continued trading below the zone with shallow rebounds would instead favor an extension toward 3760 ➡️ Yesterday’s sell-off reflected Fed repricing. Stronger US inflation and hawkish Fed comments lifted the dollar and Treasury yields, increasing the opportunity cost of holding gold. Those forces remain headwinds, with a possible larger December rate increase adding pressure, although that outcome is not assured. ⚠️ Note: The setup above represents a hypothetical analytical scenario, not a live trade signal or investment advice. Always manage your own risk.