Continued accumulation - downward trendGoldOANDA:XAUUSDMoon-ForexAcademy📈 1. Trend & Market Structure Current Trend: Bearish with a Technical Rebound Gold remains in a bearish trend after failing to break above the 4,030–4,040 resistance zone. Price continues to trade below the EMA89 (~4,033), confirming that the medium-term trend remains bearish. The EMA9 (~3,987) has crossed below the EMA89, indicating that short-term bearish momentum is strengthening. Following the rebound from the 3,942 low, gold failed to establish a Higher High and instead formed a Lower High near 4,030, showing that sellers remain firmly in control. The Lower High – Lower Low structure remains intact, with no confirmed signs of a bullish reversal. 👉 Current Trend: Bearish. Selling on rallies toward resistance remains the preferred strategy. 📊 2. Price Action Analysis Current Market Behavior After being rejected from the 4,030–4,040 resistance zone, gold turned sharply lower and is now trading around 3,980. This suggests that buying pressure following the previous breakout was insufficient to sustain the recovery, while sellers have quickly regained control. If price remains capped below the 4,020–4,030 resistance zone, the probability of a retest of the 3,942 low will increase significantly. ------------------- BUY GOLD zone : 3943 - 3940 SL : 3935 TP : 3958 - 3970 - 3995 ---------------------