XAUUSD – Bearish Continuation SetupGoldOANDA:XAUUSDSHAY_ANALYTICS📊 XAUUSD – Bearish Continuation Setup 🔍 Market Overview Gold remains under strong selling pressure as price continues to trade below a descending trendline and beneath a key resistance zone. Recent bearish candles indicate that sellers are still in control, while failed recovery attempts suggest limited bullish momentum. 📉 Technical Outlook * Price is respecting the overall downtrend structure. * The highlighted resistance area around 4180 – 4220 remains a major supply zone. * The cloud is acting as dynamic resistance, reinforcing the bearish bias. * Lower highs and lower lows continue to confirm market weakness. 🎯 Bearish Scenario If price remains below the resistance zone and trendline resistance, further downside movement is likely. ✅ Target 1: 3850 ✅ Target 2: 3750 ⚠️ Invalidation Level A strong daily close above the resistance area and trendline could weaken the bearish outlook and trigger a deeper corrective rally. 📌 Conclusion The overall structure favors sellers while price remains below key resistance. A rejection from the highlighted supply zone may provide continuation opportunities toward the projected downside targets of 3850 and 3750. Bias: Bearish 📉 Strategy: Sell on rallies / Resistance rejection Risk Management: Always use proper stop-loss and position sizing.