XAUUSD SELL SETUP | 3945 Resistance Rejection – 3897 Bearish Tar

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XAUUSD SELL SETUP | 3945 Resistance Rejection – 3897 Bearish TarGoldOANDA:XAUUSDGold_Market_MindXAUUSD – GOLD 30-MINUTE TECHNICAL ANALYSIS BEARISH BIAS – SELL SETUP 1. Market Structure - Gold is showing bearish price action after rejection from the upper supply zone. - Price is trading below the 3945 resistance area. - Sellers are attempting to maintain downside momentum. - A lower move toward the demand zone is possible. 2. Key Supply & Demand Zones - Major Supply Zone: 3965–3974 - Resistance: 3945–3946 - Current Price: 3937.225 - Major Demand Zone: 3883–3896 3. Trading Setup – SELL ParameterPrice Sell Entry3945.38 Stop Loss3963.51 TP13920.00 TP23908.00 TP33897.60 4. Liquidity Analysis - Buy-side liquidity is resting above 3945 and around the supply zone. - Rejection around 3945 could attract additional sellers. - Sell-side liquidity is positioned around 3920, 3908 and 3897. - The 3897 area is an important downside target near the demand zone. 5. Trade Confirmation - Wait for price to retest 3945–3946. - Look for bearish rejection or a bearish 30-minute candle close. - Avoid entering prematurely if price remains below the planned entry. - A strong break above 3963 invalidates this short setup. 6. Overall Market Outlook SELL PREFERENCE Gold has potential for further downside toward 3920, 3908 and 3897. The best opportunity is a confirmed rejection from the 3945 resistance area. Risk Management: Follow the stop loss and avoid chasing price. This is a technical scenario, not a guaranteed trade outcome