XAUUSD 4H โ Rejection at Trendline, Bears Take ControlGold delivered a textbook rejection from the long-term descending trendline, confirming that sellers are still defending higher prices. The recent breakdown below the highlighted support zone has shifted short-term momentum back in favor of the bears.
๐ด Bearish Scenario:
As long as price remains below 4,040โ4,060, selling pressure is likely to continue. A clean break below the recent swing low could accelerate the move toward the 3,920 support zone.
๐ข Bullish Scenario:
If buyers reclaim the br
