XAU- Medium-Term Bearish Structure Still Targets Lower Liquidity

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MASON XAUUSD – Medium-Term Bearish Structure Still Targets Lower Liquidity

XAUUSD is trading around 4,088 after recovering from the recent support area. Although gold is showing a short-term rebound, the medium-term structure remains bearish.

The main trend is still down, and any recovery toward resistance should be treated as a corrective wave unless price breaks back above the major supply structure.

Technical View
Gold is still moving inside a broad bearish structure. The chart shows a clear sequence of lower highs and lower lows from the previous top area, which means sellers are still controlling the medium-term direction.

The latest rebound from the 3,960 support zone is only a technical reaction for now. Price has not broken the main bearish structure, and the recovery is moving back into a previous supply area.

The zone around 4,080–4,130 is important because it sits near the marked DOW secondary wave area. If price fails here and forms bearish rejection, this zone may become the next lower high before another downside continuation.

The 3,960 level is the nearest key support. If gold breaks below this area again, the next downside target is the weekly target around 3,752. A deeper bearish continuation can open the way toward the major target near 3,362.

Fibonacci also supports the bearish roadmap. The 2.618 extension area near 3,752 is marked as the weekly target, while the 3.618 extension near 3,362 is the deeper medium-term target.

Key Zones
Current price: 4,088
Short-term resistance: 4,080–4,130
DOW secondary wave zone: 4,100–4,130
Key support: 3,960
Weekly bearish target: 3,752
Major medium-term target: 3,362
Invalidation for bearish continuation: above 4,350

Trading Plan
Sell Priority: 4,080–4,130
Condition: wait for bearish rejection, failed breakout, or lower high formation around the resistance zone.

SL: above 4,350
TP1: 3,960
TP2: 3,752
TP3: 3,362

Alternative Scenario
If gold breaks above 4,130 and holds, price may continue a deeper corrective rebound toward 4,300–4,350. However, this would still be a correction unless the market breaks the full bearish structure.

Buy View
Buy is not the priority in the medium-term view. A short-term buy reaction may appear above 3,960, but it should be managed as a corrective move, not a confirmed trend reversal.

Final View
Overall, gold remains in a medium-term bearish structure. The current rebound can continue slightly higher, but the cleaner view is to watch for rejection around 4,080–4,130. If 3,960 fails, the next downside focus will be 3,752, followed by the deeper target around 3,362.

Will gold reject from the secondary wave zone, or extend the correction before the next bearish move?

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