XAUUSD Breaks Structure as Selling Pressure Accelerates for OANDA:XAUUSD by DomicChaina

TradingView idea: XAUUSD Breaks Structure as Selling Pressure Accelerates for OANDA:XAUUSD by DomicChaina TradingView symbol: XAUUSD Hello everyone, Looking at the H4 chart, gold is showing clear weakness after several sessions of sideways m ovement around the 4,700 USD area. Price has now broken below both EMA34 and EMA89, while strong selling pressure pushed XAUUSD sharply down toward the 4,610 USD region. What stands out to me is the decisive breakdown below the 4,680 – 4,670 USD support zone. If price continues holding below this area, there is a strong possibility gold could extend its decline toward 4,550 USD, or …