XAUUSD Daily Trend Still Favors SellersGoldOANDA:XAUUSDMichael_HardingXAUUSD remains below a clear descending resistance line on the daily chart, keeping the broader market structure bearish. Price is currently consolidating around the $4,000 area, but there is still no confirmed breakout suggesting a bullish reversal. Until gold produces a strong daily close above the descending trendline and holds that level, I do not see a convincing reason to look for long positions. RSI is also below 50, showing that bullish momentum remains limited. For now, I’m staying patient and respecting the bearish structure rather than trying to predict the bottom.