XAUUSD - Bearish Pressure Continues

In our previous analysis, we anticipated a decline toward key support levels, and XAUUSD has now successfully reached the S2 zone.

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We are still expecting the bearish scenario until the price confirms its movement. A failure to reclaim 4,730 is the first signal that bulls are losing control. If price continues to reject from this level, the probability shifts toward a deeper move, potentially breaking S2 and heading toward the S3 region near 4,330. In short, above 4,730, bulls regain momentum; below it, expect continuation of the downside move.

We will update further information soon.