XAUUSD-Bearish Structure Intact, 3165 in Sight

1 250
After breaking back below the 3270 support, price accelerated to the downside, reaching a low around 3208.

A rebound followed, with XAUUSD retesting the 3270 zone, which now acts as resistance after the breakdown.

Looking ahead, I expect a break below the 3200 level, with the next bearish target set around the 3165 support zone.

The plan remains unchanged:
As long as Gold stays below 3270, I’m looking to sell rallies into that resistance area

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