XAU USD GOLD - MY VIEW BEARISH AND GAP DOWN ?
Gold has made a strong upside move and is now approaching a major 4H resistance / supply zone around $4,360–$4,385.
This area is extremely important. If price gets rejected from this zone and fails to establish a strong 4H breakout, I’m watching for a sharp downside move / gap-down type reaction.
📍 Key Resistance: $4,360–$4,385
🎯 First downside area: $4,200
🎯 Next target: $4,080
🎯 Major support: $4,000–$4,040
The idea is simple: rejection from the supply zone → bearish momentum → deeper correction.
However, if Gold breaks above $4,385 with strong momentum and holds above the zone, this bearish view becomes invalid and the market could continue higher.
This is my technical view based on the current 4H structure, liquidity and supply zones — not a guaranteed prediction.
⚠️ Disclaimer: This content is for educational and informational purposes only and does not constitute financial or investment advice. Trading Gold/Forex involves substantial risk, and you can lose your entire trading capital. Always do your own research, manage risk properly, and never trade with money you cannot afford to lose.
