Gold Facing Bearish Pressure Toward Major Support for OANDA:XAUUSD by Gold_pro_traders

TradingView idea: Gold Facing Bearish Pressure Toward Major Support for OANDA:XAUUSD by Gold_pro_traders TradingView symbol: XAUUSD Gold on the daily timeframe is trading below a descending trendline, showing continued bearish pressure after multiple rejections from lower highs. Price is currently moving toward a major support zone, which may act as the next reaction area. If price remains below the trendline resistance, downside continuation toward the 4,400 support zone remains possible. However, a strong reaction from support could lead to consolidation or a short-term recovery before the next directional …