Trading With Shaurya

Gold is currently trading around $4,494 and the market is clearly showing strong bearish momentum after a sharp sell-off. On the 4-hour timeframe, price has broken multiple support levels and is now making lower highs and lower lows, which confirms a clear downtrend. The recent drop looks aggressive, indicating strong selling pressure in the market.

Right now, the nearest support is around $4,450–$4,420, and if this level breaks, we could see further downside in gold. On the upside, any pullback toward $4,600–$4,700 may act as resistance, where sellers could step in again. The overall structure suggests that gold is currently weak, and buyers need strong confirmation before expecting any reversal.

At this stage, it’s better to avoid catching the bottom and instead wait for either a proper reversal pattern or a pullback to resistance for safer trade opportunities. The trend is clearly bearish for now, and following the trend is always the smarter move.

💬 What do you think — will gold continue falling or is a reversal coming soon?



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