XAU/USD Potential Bearish Reversal from Resistance | Sell Setup
Gold (XAU/USD) is testing a strong resistance zone after a sharp bullish rally. Price is approaching the upper boundary of the resistance area where selling pressure may increase.
If the market confirms a bearish rejection with a strong bearish candle or lower high, sellers could take control and push the price toward the marked support levels.
📊 Trade Idea
🔴 Resistance Zone: 4309 – 4317
🛑 Invalidation: Above the resistance zone
🎯 Target 1: 4277
🎯 Target 2: 4265
🎯 Target 3: 4250
Technical Confluence
Resistance zone rejection
Potential lower high formation
Overextended bullish move
Risk-to-reward favors bearish continuation after confirmation
⚠️ Disclaimer: This is an educational trade idea, not financial advice. Always wait for confirmation and use proper risk management before entering any trade.