XAUUSD Rejection From Resistance – Bearish Continuation in FocusGoldOANDA:XAUUSDLunadigitalGold remains under strong bearish pressure on the Daily timeframe after rejecting a key resistance zone around 4,350–4,420. The highlighted supply area has acted as a strong barrier, preventing buyers from regaining control and reinforcing the broader downtrend. Price recently reacted from the ERL (Equal Relative Lows) region, but the recovery lacked momentum and was quickly absorbed by sellers. This suggests that the bounce was merely a retracement within a larger bearish structure. If sellers maintain control below resistance, gold could continue its decline toward the next liquidity targets around 3,850 and 3,680. Key Levels: 🔹 Resistance: 4,350 – 4,420 🔹 Current Price: 4,155 🎯 Target 1: 3,850 🎯 Target 2: 3,680 Not Financial Advice.