xau/usdGOLD (US$/OZ)TVC:GOLDsmohdyusuf66XAU/USD is currently showing a short-term bearish structure on the 15-minute chart, with gold trading around the 4310 level after failing to sustain its recent recovery. The market experienced a strong decline from higher levels, followed by a temporary consolidation and corrective bounce. Buyers managed to push prices toward the 4317–4318 resistance zone, but selling pressure quickly returned, preventing a breakout. The chart highlights an important support area near 4302, which has already attracted buying interest and could act as a key defense level for bulls. If gold remains above this support, another attempt toward 4320 and the 4329 resistance region may develop. However, a decisive break below 4302 would strengthen bearish momentum and open the door for further downside movement. Price action currently suggests that sellers remain in control, as lower highs continue to form after each recovery attempt. Traders should closely monitor the 4302 support and 4320 resistance levels for confirmation of the next directional move. A breakout from this range could determine gold’s short-term trend.