Gold continues to trade under bearish pressure after facing a strong rejection from the 4,100–4,120 resistance zone. The recent failure to break above this area suggests that sellers are defending higher prices, while the lower highs on the chart indicate weakening bullish momentum.

Price is now consolidating below resistance, and if it fails to reclaim the broken trendline, the market could extend its decline toward the next major support levels. A confirmed break below the current support would strengthen the bearish outlook and increase the probability of further downside.

(SELL Setup)

🔴 1st Support: 4,025.00
🔴 2nd Support: 4,000.00
🟢 Resistance Zone: 4,100.00 – 4,120.00

✅ Gold remains under selling pressure as traders await key U.S. economic data and Federal Reserve expectations, keeping safe-haven demand limited while the market looks for the next directional breakout.

⚠️ Disclaimer: This analysis is for educational purposes only. Always use proper risk management before entering any trade.