$XAU $XAUT 💠XAUUSD Technical Outlook
Gold has made a strong bearish breakdown after losing the 4,420–4,430 support zone. Price is now trading around 4,317, showing that sellers are still controlling the short-term structure.
The key area to watch is 4,330–4,340, which is the nearest Sell FVG. If price pulls back into this zone and shows rejection, the bearish continuation scenario remains valid.
🔺Main scenario:
Wait for a pullback into 4,330–4,340 and look for sell confirmation.
🔺Downside target:
4,250–4,240
🔺Strong resistance:
4,353
✅Higher liquidity zone:
If price recovers stronger, 4,460–4,470 remains an important liquidity area where sellers may react again.
✅Invalidation:
A clean breakout and hold above 4,353 would weaken the short-term sell setup.
🎯Bias:
Bearish continuation is preferred, but avoid chasing the low. Wait for price to retest the FVG or resistance zone before looking for confirmation.