XAUUSD 15M Bearish Pullback From Resistance

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XAUUSD 15M Bearish Pullback From ResistanceGoldOANDA:XAUUSDCHART_MASTERS_GOLDXAUUSD 15M Bearish Retracement Setup Gold is showing signs of a short-term bearish retracement after the aggressive bullish impulse move created from the gap area. Price rallied strongly and is now consolidating beneath the 4,566 resistance/support-flip zone, which is acting as a decision area. The chart suggests: The bullish momentum is weakening after the sharp expansion move. Price is struggling to reclaim and hold above the marked support zone around 4,566. A lower-high structure is developing on the 15-minute timeframe, increasing the probability of a downside correction. The marked setup indicates a potential sell opportunity: Entry Zone: Around 4,566 support retest Stop Loss: Above 4,588 liquidity/high Target: Near 4,525, aligning with previous imbalance and likely retracement fill zone The earlier bullish gap acted as a strong catalyst for the move up, but unfilled inefficiencies below price may attract price back downward before continuation. If sellers maintain pressure below 4,566, bearish momentum could accelerate toward the target region. A clean breakout above 4,588 would invalidate the bearish idea and reopen bullish continuation potential.