XAUUSD Bearish Breakdown | Sellers Target 3762 After Key SupportGoldOANDA:XAUUSDGold_Market_MindXAUUSD – GOLD 15-MINUTE TECHNICAL ANALYSIS BEARISH BIAS – SELL SETUP 1. Market Structure & Trend - Gold is maintaining a clear bearish market structure. - Price continues to form lower highs and lower lows. - Strong selling pressure has pushed the market below previous support levels. - Recent upward movement appears to be a corrective pullback rather than a confirmed trend reversal. 2. Supply & Resistance Zones - Resistance 1: 3990–4010 - Resistance 2: 4070–4085 - Major Supply Zone: 4140–4155 These zones may attract sellers if price makes a deeper recovery. 3. Liquidity Analysis - Buy-side liquidity remains above recent lower highs. - Sell-side liquidity is building below recent swing lows. - A short-term liquidity grab toward 3894–3900 could provide another selling opportunity. 4. SELL TRADE SETUP Trade Direction SHORT / SELL ENTRY ZONE 3894–3900 STOP LOSS 3918.735 TP1 3860 TP2 3800 TP3 3762 CURRENT PRICE 3883.825 Trade invalidation A strong 15-minute close above 3918–3920 would weaken this bearish setup. 5. Final Market Outlook Gold remains bearish on the 15-minute timeframe. Sellers currently have control, and a rejection from the 3894–3900 entry area could trigger another downward move toward 3860, 3800, and ultimately 3762. Key Confirmation: Wait for bearish rejection or a strong bearish candle around the entry zone before entering. Avoid chasing price after the sharp decline.