XAUUSD: Sellers remain in control !

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XAUUSD: Sellers remain in control !GoldOANDA:XAUUSDZamagorToday, the price accelerated its decline to the $4,430 area before rebounding technically toward $4,460. Despite this reaction, the market remains dominated by sellers, as it continues to trade below the former $4,500 area and below the broken uptrend line. What’s Changing The decline confirmed the loss of buying momentum. The rebound toward $4,460 looks more like a technical pullback than a true recovery. The price is now oscillating between the seller’s zone and the buyer’s zone, with sellers still holding a clear advantage. Key Levels $4,500: Major resistance level to be reclaimed to shift the bias. $4,460: Short-term reaction zone, pivot point to watch. $4,430: Support tested today, key level to defend. $4,360: Lower buy zone, last major support if selling pressure resumes. Scenario to watch As long as the price remains below $4,500, the bias remains bearish. A rejection below $4,460 / $4,500 would increase the likelihood of a pullback toward $4,430, then $4,360. Only a clear recovery above $4,500 would allow for the possibility of a more stable consolidation.