XAUUSD / GOLDGoldOANDA:XAUUSDMARKET_WIZARD1Gold on the 1-hour chart is showing a bearish outlook after failing to sustain gains near the key resistance zone around 4,550–4,590. Price has broken below the rising trendline and is trading under short-term resistance near 4,510–4,520, indicating weakening bullish momentum. 📍 Selling Zone: 4500 – 4520 🛑 Invalidation: Sustained break above 4480 🎯 Target 1: 4455 🎯 Target 2: 4430 🎯 Target 3: 4410 💡 Market Idea: A pullback into the highlighted selling zone could attract fresh sellers. If bearish momentum continues and support levels break, gold may extend its decline toward the projected target areas. Traders should monitor price action closely around resistance for confirmation before entering positions. ⚠️ Risk management is essential, especially during high-impact economic news and USD-related events.