Gold Trend Analysis and Trading SignalsGOLD (US$/OZ)TVC:GOLDVili_Wealth_PlanOn the daily chart for spot gold, a clear downward trend is maintained. The current price has broken below the $4600 horizontal resistance zone and has been trading below the 100-day simple moving average (approximately $4801) for an extended period, solidifying the bearish pattern. The 200-day moving average at $4411 is currently providing support. Technically, the RSI is around 43 and the ADX is around 24, indicating exhausted bullish momentum and continued downward pressure. Signal Analysis and Suggestions: Selling Resistance Levels: Short-term selling pressure is at $4557-$4578, with a key level at $4610. A break and hold above $4610 would likely continue the upward trend. Buying Support Levels: Short-term support is at $4482-$4465, with a key level at $4430. A break below the key support level of $4430 would initiate a deeper downtrend, significantly strengthening the bearish signal.