Market Overview:
XAUUSD is currently trading inside a contracting triangle pattern following the previous bearish move. The price continues to react between the rising support trendline and the descending resistance trendline, indicating that the market lacks sufficient momentum to confirm a new trend direction.

Key Zone:
The 4,080–4,100 area is the key resistance zone to monitor. If the price is rejected again from this level, selling pressure could quickly return.

Primary Scenario:
A sell setup is preferred if XAUUSD shows bearish reversal signals at the resistance zone or breaks below the lower boundary of the triangle. The expected target is the 4,000 support area.

Risk Scenario:
If the price breaks out and closes firmly above the triangle’s resistance trendline, the bearish scenario will become invalid, and the market could shift toward a more bullish outlook.

Trading Plan:
Entry: Sell after confirmation at the resistance zone or following a downside breakout from the triangle.
Stop Loss: Above the pattern’s resistance trendline.
Take Profit: 4,000.