GOLD XAUUSD Technical Analysis and Trade Idea

In this analysis, we delve into a daily analysis of GOLD (XAUUSD), uncovering a notable transition in its market structure. Our observation reveals a prevailing bearish trend across both the 1-day and 4-hour time frames. Our discussion encompasses the trend's trajectory, intricate price actions, overarching market structures, and pivotal elements of technical analysis. Additionally, we explore a prospective trade opportunity, encompassing entry points, targets, and stop-loss levels. It's imperative to stress that the insights shared herein serve solely for educational purposes and must not be construed as financial advice.