#XAUUSD — MONDAY GOLD TRADING OUTLOOK 📉
Gold closed at $4,191.677, with the $4,200–$4,227 resistance zone remaining critical. A rejection from this area could favour a short-term bearish move, subject to price confirmation.
🔴 SELL ENTRY: $4,194–$4,200
🎯 TP1: $4,180
🎯 TP2: $4,170
🛑 STOP LOSS: $4,220
Market outlook: Selling pressure may resume if gold fails to sustain its recovery near resistance. However, a confirmed breakout above $4,227 would weaken this bearish setup and could open the way toward $4,246–$4,253.
⚠️ Wait for bearish confirmation before entering, manage position size carefully, and reassess after Monday’s market open.
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