#LearnWithHina
Gold is showing strong bearish momentum after breaking below key support around 4,490. The sharp drop indicates heavy selling pressure, likely triggered by a trendline breakdown and loss of bullish structure. Price is now trading near 4,374, with the next support zone around 4,300–4,250. The RSI is weak and trending downward, confirming bearish strength, while Stochastic RSI is in oversold territory, suggesting a possible short-term bounce. However, overall structure remains bearish unless price reclaims 4,500. Traders should watch for rejection at resistance levels before considering further downside continuation toward lower support zones.$XAU #crashthemarket #crypyoupdates

XAUUSDT
Perp
4,472.61
-0.54%
