Analysis on 4H in GOLD.

This is a 4-hour chart for Gold Spot/USD (XAU/USD), and the analysis appears to be setting up a potential short (sell) trade. Here's a breakdown of the key elements:

📊 Key Levels Highlighted:
🔴 Sell Zones:
Strong Level for Selling (~3,359.98)

Marked as a high-probability area for price rejection.

Aligns with a bearish Fair Value Gap (FVG D).

Also meets a descending trendline resistance.

Temporary Level for Selling (~3,326.01)

Could act as a short-term resistance if the price fails to break higher.

🟢 Support Zones:
Resistance Become Support (~3,255 range)

This zone was previously resistance and has now flipped to support.

Price recently bounced from this area.

Lower Support Zone (~3,208.61)

Final support area marked as "resistance" from a historical perspective.

Could be a take profit area for a short trade.

🔺 Price Action Setup:
Current Price: 3,316.15

Plan:

Wait for price to reach the strong sell level.

If it shows signs of rejection (e.g. bearish candle patterns or divergence), a short trade could be entered.

Stop Loss: Above the red zone (around 3,392.65).

Take Profit: At or around 3,208.61.

🧠 Analysis Summary:
This is a bearish bias setup based on:

Fair Value Gap (FVG)

Trendline resistance

Supply zone

Previous structure (support/resistance)