This is a gold (XAU/USD) price chart on a 4-hour timeframe, show

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The chart identifies two key support levels: around $3,005.33 and $2,941.07.

A bearish trade suggestion is marked, recommending full margin bearish at the higher resistance level.

The target area is set near the $2,941.07 support level.

The recent red candlestick suggests selling pressure, aligning with the bearish outlook.

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