Gold on the 15-minute timeframe is trading beneath a clearly defined seller demand zone, showing that sellers have defended higher prices on recent attempts. At the same time, price is approaching an important horizontal support area that has previously attracted buying interest.

A clean move below this support could increase bearish momentum and open the door for a continuation toward lower liquidity levels. However, if buyers manage to defend the current area and reclaim nearby resistance, a short-term recovery may develop before the next directional move.

Key Levels

Resistance Zone: 4075 – 4085
Current Support: 4022 – 4025
Lower Support: 3995 – 3980

Possible Scenario

Bearish continuation below 4022
Pullback toward the demand zone before another reaction is also possible

Potential Targets

Target 1: 4015
Target 2: 4000
Target 3: 3985

This analysis is based on price action, market structure, and reaction zones. Always wait for confirmation before making any trading decision.