GOLD XAUUSD 15MIN CHART

XAUUSD 15-Minute Chart Analysis – Shavyfxhub Strategy
Current Price: ≈ 4,377
Market Structure
Gold is in a short-term corrective phase on the 15-minute timeframe.
A clear CPI descending trendline (green dashed) is acting as dynamic resistance/SUPPORT.
Price recently rejected from the upper area near 4,416 – 4,420 and is now moving lower.

Key Levels (Shavyfxhub Style)
Supply Roof / Resistance:

4,416 – 4,420 zone
CPI descending trendline
Horizontal resistance at 4,406 and 4,380
Demand Floor / Support:
4,337 – 4,340 horizontal demand
Stronger Demand Floor at 4,301
Price is currently trading in the middle of the structure after rejecting higher levels.
Scenarios
Bearish continuation:
Stay below the CPI descending trendline and 4,380
Break below 4,337
Targets the major Demand Floor at 4,301
Bullish recovery:
Strong reclaim and close above the CPI descending trendline + 4,406
Would open a move back toward 4,416 – 4,430
Summary (Shavyfxhub View)
Structure = Corrective pullback under CPI descending trendline
Immediate focus = Reaction around 4,377 – 4,380
Critical resistance = CPI descending trendline + 4,406 / 4,416
Critical support = 4,337 then 4,301 Demand Floor
Price is under pressure in the short term. Holding below the descending CPI trendline keeps the corrective bias active, with 4,337 and 4,301 as the key downside levels to watch.