XAUUSD SHORT · COMMODITIES

XAUUSD on the 15-minute chart has established a clear downtrend from the 4200 area, printing successive lower highs and lower lows. Price is currently consolidating near the 4125–4128 zone, which represents a short-term equilibrium following the sharp sell-off. Key resistance is clustered at 4147–4156, while structural support is visible in the 4090–4079 region.