Gold faces renewed selling pressure at 4175.GoldOANDA:XAUUSDMoon-ForexAcademy1. Market Structure – Bearish Gold is maintaining a short-term bearish structure, forming Lower Highs and Lower Lows after rejection from the 4,185–4,190 area. Price has broken below the 4,145–4,150 support zone and is currently consolidating around 4,110–4,115. The short-term EMA remains below the longer EMA, confirming persistent selling pressure. Bias: Bearish while price remains below 4,145–4,150 resistance. 2. Key Resistance & Support Resistance - 4,145–4,150: Key resistance and potential sell zone. - 4,160–4,165: Secondary resistance near the longer EMA. - 4,180–4,190: Major supply zone. Support - 4,108–4,112: Immediate support and local demand. - 4,090–4,095: FVG zone and potential downside target. - 4,070–4,075: Major support and previous swing low. 3. Trendline & Price Projection The chart shows a bearish sequence of price swings, with repeated rejection around 4,145–4,150. - Bearish scenario: If price rebounds into 4,145–4,150 and shows rejection, selling pressure may resume toward 4,110, then 4,090 and 4,070–4,075. - Bullish recovery: A decisive H1 close above 4,150, followed by a successful retest, could open a recovery toward 4,160–4,165 and 4,180. ---------- SELL GOLD zone 4148 - 4151 SL : 4156 TP : 4130 - 4112 - 4090 accumulation - sideways - H1 downward correction