XAUUSD — Wave 5 Into Support?GoldOANDA:XAUUSDTiara_PrimeGold Gold is still moving inside the descending channel. Price is trading around 4,020 - 4,025, right near the short-term support area. But this is not a clean reversal yet. The chart is showing a possible wave 5 move, and the sell zone above price is still important. For me, today is simple: Gold is not weak by accident. It is following the channel structure. The simple read Gold remains under short-term bearish pressure while price stays below the sell zone around 4,030 - 4,040. The current support is near 4,018. If buyers defend 4,018, gold may create a small recovery back toward the sell zone. But if 4,018 breaks clearly, the next downside area becomes the strong support zone around 3,985 - 3,995. This is the zone where I would watch for a stronger reaction. Key price zones Current price area: 4,020 - 4,025 Sell zone wave 5: 4,030 - 4,040 Strong support: 4,018 Main lower support: 3,985 - 3,995 Bearish channel pressure weakens above: 4,040 Trading plan 📉 Bearish continuation scenario If gold rejects from 4,030 - 4,040: Sellers may try to push price back below 4,018. If 4,018 fails, the next target area is 3,985 - 3,995. This would keep gold inside the bearish channel structure. I do not want to sell late at support. I prefer rejection confirmation from the sell zone. 📈 Support reaction scenario If gold holds above 4,018: A short-term bounce may appear. Price could retest 4,030 - 4,040 again. But this is only a reaction while gold remains inside the descending channel. A stronger recovery needs price to break and hold above 4,040. 📉 Deeper support scenario If 4,018 breaks clearly: Gold may continue toward 3,985 - 3,995. This lower zone is the stronger support area on the chart. If buyers defend that area with clear price action, gold may create a better reaction later. Tiara’s View A support touch is not always a buy. Sometimes price touches support, bounces slightly, then continues lower. That is why I want to see the reaction first. For today, 4,018 is the first decision level. But 3,985 - 3,995 is the deeper zone that may matter more if the channel keeps control. Main view: Gold remains cautious below 4,040. 4,030 - 4,040 is the sell reaction zone. 4,018 is the first support. 3,985 - 3,995 is the stronger lower support. Reaction first. Confirmation second. Trade last. No confirmation = no trade. Do you think gold will defend 4,018, or does wave 5 need to test the lower support first? ━━━━━━━━━━━━━━━━━━━━━━━━━━━━━━