XAUUSD Technical Analysis

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Bias: Bearish 🔴

  • Resistance: 4,594–4,598
  • Current price: ~4,570
  • Support: 4,563
  • Structure: Lower highs + lower lows
  • Main idea: Rejection from resistance has created renewed selling pressure.
  • Bearish confirmation: Break and close below 4,563.
  • Bearish invalidation/weakening: Sustained move above 4,598.

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