GOLD Sell Setup – Bearish Reversal from Supply ZoneGOLD (US$/OZ)TVC:GOLDCrypto_Signals_TraderGold (XAUUSD) is trading within a well-defined supply zone around the 3369 – 3370 area. After multiple failed attempts to break above this resistance, price is showing signs of reversal. The structure indicates a bearish move is likely, especially if the market sustains below the sell zone. --- 🔍 Technical Analysis: Sell Zone: 3369 – 3370 The price has entered a strong resistance zone and is currently rejecting this level, indicating selling pressure. Stop Loss: 3428.42 A break above this level would invalidate the bearish bias. Take Profit Levels: TP1: 3324.81 TP2: 3246.26 TP3: 3167.64 Target Zone: Around 3120, which aligns with a previous demand area on the chart. Market Behavior: The lower highs and resistance rejection pattern on the 4H chart suggests weakness in bullish momentum. If price breaks below the most recent support, it may trigger acceleration toward lower targets. --- 📌 Trade Plan: Enter short positions around 3369 Set SL above 3428 Aim for stepwise profit-taking on each support break Risk-to-reward ratio remains favorable with proper lot size --- Conclusion: Gold is respecting a critical resistance zone, and a bearish continuation is expected if price holds below it. Patience and confirmation on lower timeframes will strengthen the setup. Ideal for swing traders targeting medium-term downside.