XAUUSD — Bearish Continuation Setup

Gold is showing strong bearish momentum after a sharp rejection from the higher price area. The aggressive sell-off pushed price lower with increased volume, confirming strong seller participation. The current bounce appears corrective, with price struggling to regain the previous breakdown area. The formation of lower highs keeps the short-term structure bearish and favors another downside move if sellers regain control. A rejection from the current recovery area could send price toward 4,405 support. If 4,405 breaks with strong momentum, the next downside area comes around 4,367. Bearish bias remains valid while price stays below the recent swing-high structure. A strong breakout and sustained close above the recent resistance would weaken the bearish setup.