XAU/USD Bearish Rejection Setup Near Major Resistance – NFP Sell
Gold is currently trading around 4,285, approaching the marked 4,310–4,315 resistance / High-Low zone. Price has made a strong bullish move from the 4,000–4,040 support area, but momentum is now reaching a key resistance region.
🔴 Resistance Zone: 4,310–4,315
🔵 Key Support: 4,210–4,220
🎯 Major Downside Target: 4,173
The chart suggests that if Gold reaches the resistance zone and shows a clear bearish rejection, a pullback toward the 4,210 support could develop. A decisive break below that support would strengthen the bearish scenario toward 4,173.
Trading Scenario:
Sell Setup: Watch for bearish rejection around 4,310–4,315.
TP1: 4,220
TP2: 4,200
TP3: 4,173
Invalidation: Sustained bullish breakout above the resistance zone.
⚠️ Important: The NFP-related move shown on the chart is a scenario, not a guaranteed outcome. Wait for price confirmation and use proper risk management.
Market Structure: Bullish overall, but a short-term bearish correction is possible from the major resistance zone.