XAUUSD (Gold) Bearish Outlook

🔍 Technical Analysis:
📉 Trend: Gold remains under bearish pressure, with price rejecting key resistance levels.
📊 Key Indicators:

EMA & Market Structure: Price trading below key EMAs signals bearish momentum.
RSI: Near overbought zone, indicating potential downside.
Support & Resistance:
Resistance: 2994 – 3005 (Sell Zone)
Support: 2973 – 2956 (Bearish Target)

Fair Value Gaps & Order Blocks: Price likely to fill imbalances before further decline.
🌍 Fundamental Analysis:
💰 USD Strength: A strong USD, driven by hawkish Fed sentiment, weighs on gold prices.
📊 Inflation & Interest Rates: Higher U.S. bond yields increase gold’s opportunity cost, fueling downside.
🌍 Geopolitical Factors: Risk sentiment is stable, reducing demand for safe-haven assets.

🎯 Trading Strategy:
🔻 Sell Entry: 2994 – 3005
🎯 Targets: 2973, then 2956

📉 Stop-Loss: Above 3008 (confirmation above resistance)
⚠️ Risk Management: Use proper lot sizing and trailing stops.

💡 Conclusion: Gold is poised for a bearish move; patience is key for an optimal entry near the sell zone. 🚀📊