XAUUSDGold / U.S. DollarFOREXCOM:XAUUSDHAMED_AZHello Traders! 👋 What are your thoughts on Gold? On the weekly timeframe, Gold has confirmed a bearish market structure by breaking below its long-term ascending trendline and losing a key support zone. This former support has now become a significant resistance area. Following the recent decline, price has found temporary support around the 4,000 psychological level, easing immediate selling pressure and triggering a short-term corrective rebound. However, this recovery is viewed as a bullish correction within the broader downtrend, rather than the start of a new bullish cycle. I expect any advance toward the highlighted resistance zone to attract renewed selling interest. Once this corrective move is completed, the broader bearish trend is expected to resume. This analysis is based on the weekly (1W) timeframe and reflects a medium-term market outlook. The projected scenario may take several weeks to develop, so patience and disciplined risk management are essential. Short-term price fluctuations do not necessarily invalidate the broader technical picture. A strong weekly close above the highlighted resistance zone would invalidate this bearish scenario and suggest that buyers are regaining control of the market. If you found this analysis helpful, please support it with a like and share your thoughts in the comments! Good luck with your trades!❤️