Guys! $XAU USDT 4H structure is clearly bearish after failing near 5,100 and forming lower highs. Price is now pressing into 4,850–4,880 demand, but momentum is still to the downside.
We’ve seen consistent rejection from 5,050 zone and sellers are in control. Unless gold reclaims 4,950+, rallies are likely to be sold.
Key levels:
Resistance: 4,950 – 5,000
Major resistance: 5,050
Support: 4,850
Next support: 4,780
XAUUSDT
Διην.
4,932.29
+0.41%
Trade Setup (trend short):
Entry: 4,880 – 4,920
Stop Loss: 5,020
TP1: 4,820
TP2: 4,750
TP3: 4,680
Bias remains bearish below 4,950. A strong close above 5,000 would invalidate short-term downside and shift structure.