XAU/USD 15M: Bearish Rejection Expected at Key Resistance ZoneGoldOANDA:XAUUSDCRT-ICT-MARKET-GOLD-SIGNALSXAU/USD (Gold) – 15-Minute Technical Analysis Bias: Bearish Rejection from Resistance The chart shows gold recovering within a short-term ascending channel, but price has reached a significant resistance/supply zone around 4,089–4,090. This area previously acted as support and has now flipped into resistance, increasing the probability of a bearish reaction. Key Observations Price rallied from the channel low and retested the marked resistance zone. The resistance area aligns with previous market structure, creating a strong supply region. The projected setup anticipates a rejection from 4,090.065. The risk-to-reward ratio is favorable, with a relatively tight stop above resistance and a larger downside target. Trade Setup (Educational) Entry Zone: 4,089–4,090 Stop Loss: 4,108.792 Target: 4,030.044 Bearish Confirmation Signals Before considering a short position, traders may look for: Rejection candles (bearish engulfing, pin bar) within the resistance zone. Breakdown below the ascending channel support. Lower highs forming on the 15-minute timeframe. Invalidation A sustained move and close above 4,090, especially above 4,108.792, would invalidate the bearish scenario and suggest buyers have regained control. Conclusion Gold is testing a critical resistance zone after a corrective rally. Unless buyers can decisively break above 4,090, the probability favors a bearish rejection toward the 4,030 target area. The ascending channel appears corrective rather than impulsive, supporting the downside outlook.