XAUUSD: Massive Crash Incoming? Bearish Setup Explained

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XAUUSD: Massive Crash Incoming? Bearish Setup ExplainedGoldOANDA:XAUUSDSM_Fx7Gold (XAUUSD) remains under strong bearish pressure on the daily timeframe. Price is currently retesting a key supply/resistance zone after a prolonged downtrend. As long as this resistance holds, sellers may regain control and push the market toward lower support levels. A rejection with bearish confirmation could provide the next high-probability selling opportunity. Key Levels: * 🔹 Resistance: 4137 – 4184 * 🔻 Bearish Target: 3700 area * ❌ Invalidation: Daily close above the resistance zone Trading Plan: Wait for a clear rejection from the highlighted zone before considering short positions. Risk management is essential—never trade without confirmation. Disclaimer: This analysis is for educational purposes only and is not financial advice.