XAUUSD — The Drop Is Strong

Gold is still moving with bearish pressure after the recent breakdown.

Price is now approaching the 4,357 React Fibo / Buy Scalping area, and this is where the chart becomes important.

After a strong drop, many traders will want to sell late.

But Tiara’s plan is not to chase the move.

The Simple Read

4,357 is the first reaction zone today.

If buyers defend this area, gold may create a short-term bounce toward 4,414.

But 4,414 is the real test.

This level is the Sell Zone / Downtrend Retest area.

If price reaches 4,414 and rejects, sellers may return again.

If 4,357 fails clearly, the next downside zone is 4,293.

This is the deeper React Fibo / Buy Zone, where I will watch for a stronger reaction.

Key Price Zones

• Current price area: 4,365 – 4,375
• First reaction support: 4,357
• Downtrend retest / Sell Zone: 4,414
• Deeper Fibo Buy Zone: 4,293

Trading Plan

If Gold Reacts from 4,357

A short-term recovery toward 4,414 is possible, but the bounce needs confirmation before considering a trade.

If Gold Rejects from 4,414

The bearish structure remains active. Price may rotate lower again toward 4,357 and potentially 4,293.

If Gold Breaks Below 4,357

The next important reaction area becomes 4,293.

Key Takeaway

Do not chase the bearish move after a strong drop. Watch 4,357 for a reaction and 4,414 for a potential bearish retest. A confirmed break below 4,357 shifts attention toward 4,293.

Disclaimer

Risk Disclaimer: This analysis is provided for educational and informational purposes only and should not be considered financial, investment, trading, or investment advice. The price levels and scenarios mentioned above are based on technical analysis and may change rapidly due to market conditions.

Trading gold, forex, CFDs, futures, and other leveraged financial instruments involves a high level of risk and may result in substantial losses, including the loss of your invested capital. Past performance does not guarantee future results.

Always conduct your own research, use appropriate risk management, and consider consulting a qualified financial adviser before making any trading decision. Trade at your own risk.