Gold Slips Below 4000 Again – Bears Still in ControlGoldOANDA:XAUUSDMihai_IacobYesterday, Gold took another dive below the important 4000 figure, confirming that sellers are still in control in the short term. The break below this zone suggests that bearish pressure remains intact and that another test of the recent lows cannot be ruled out. That said, my medium-term view remains unchanged. I still believe Gold is approaching the final stage of this bearish cycle and that a meaningful recovery is likely once the current selling pressure is exhausted. The timing, however, is the difficult part. For now, the 4050 area has turned into resistance, and rallies into that zone could present selling opportunities for short-term traders looking to trade in the direction of the prevailing trend. As I explained in yesterday's analysis, my broader outlook only turns bullish once Gold manages to reclaim and stabilize above the 4100 zone.