XAUUSD Daily Update: Bearish Expansion Resumes

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XAUUSD Daily Update: Bearish Expansion ResumesGold / U.S. DollarFOREXCOM:XAUUSDCHIT0SEXAUUSD Daily Update: Bearish Expansion Resumes 📉 As projected, Gold has dropped sharply, fully aligning with the higher timeframe (HTF) trend. The recent upside was merely a structural pullback before the bears took control again. Key Technical Points: Trend Alignment: Price rejected the HTF Key Level perfectly after getting solid LTF Confirmation, resuming its structural path from Wave D to Wave E. Liquidity Hunting: The market is cleanly expanding lower, targeting the heavy sell-side liquidity ($$) clustered around the 4,500 - 4,400 liquidity pool. Risk Parameters: The bearish bias remains structurally sound and intact as long as the price trades below the invalidation level at 4,654. Current Outlook: The macro bearish narrative is fully playing out. Expect further downside expansion into next week as the trend maintains its strong momentum.