GOLD REJECTS 4,360 — SELLERS TARGET 4,306

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GOLD REJECTS 4,360 — SELLERS TARGET 4,306 GOLD (US$/OZ)TVC:GOLDFrankAgboXAUUSD 1H Technical Analysis Gold is showing a clear bearish shift after failing to hold above the 4,360–4,361 resistance zone. Price has been forming a series of lower highs from the recent 4,390–4,400 area, while sellers continue to push price lower. 🔻 SELL SETUP Entry Zone: 4,350–4,360 Stop Loss: 4,398 Take Profit: 4,306 Why I'm watching the short side • Strong rejection from the 4,390–4,400 region • Lower highs developing on the 1H chart • Price has fallen back below the 4,360 resistance level • 4,306 is the next major support/liquidity area • A continued bearish move could take price directly toward that support 🎯 Key Levels 4,398 — Invalidation / SL 4,360 — Key resistance 4,350 — Current price area 4,306 — Main downside target The key is how price reacts around 4,360. As long as sellers maintain control below this level, the setup remains focused on a move toward 4,306. A strong reclaim and hold above resistance would invalidate the bearish idea. Not financial advice. Manage risk carefully. #XAUUSD #GOLD #GoldTrading #Forex #TradingView #PriceAction #TechnicalAnalysis #SupplyAndDemand #GoldAnalysis