XAUUSD: Downside Pressure Builds — Will Gold Test 4110?

#XAU/USD#

🟡 TREND FORECAST
• Gold remains under short-term selling pressure after breaking below the 4130 area and continuing to form a bearish structure on H1.
• Price is now trading around 4130, with the nearby Fibonacci and FVG area around 4132–4142 acting as the first recovery barrier. As long as price remains capped below this area and 4158–4161, the structure continues to favor selling rebounds toward the lower support zones.

Keylevel
• Resistance: 4132–4142 → 4158–4161 → 4185–4188 → 4213–4216
• Support: 4110–4107 → 4078–4076

🚀 TRADING STRATEGY
✅ Sell reactions around 4132–4142 can be considered if the current rebound shows rejection within the Fib/FVG area.
SL: 4149
✅ Additional sell interest around 4158–4161 if price recovers higher.
SL: 4169
✅ Buy reactions around 4110–4107 remain favorable if price reaches the zone and shows a clear support reaction.
SL: 4099
✅ Additional buy interest around 4078–4076 on a deeper bearish extension.
SL: 4068

⚠️ Note
• Near-term momentum remains bearish after the loss of 4130, with the current structure continuing to favor downside pressure.
• Failure to reclaim the 4132–4142 area keeps 4110–4107 as the next key downside target. A stronger recovery above this area would shift attention back toward 4158–4161. Avoid chasing sells near the lows; prefer a rebound and rejection from the marked resistance zones.