SELL XAUUSD – 4955.24

Technically the XAUUSD price sits just above a recent gap that aligns with a fair‑value‑gap mid‑line, creating a classic gap‑fill setup. The H4 chart shows a clear bearish structure with the entry at 4955.24 near the top of the range, while higher‑timeframe analysis remains bearish, reinforcing the down‑trend bias. Volume is elevated, indicating strong participation, but the OBV shows a conflict that suggests weakening buying pressure. Fundamentally, US inflation data came in softer than expected, reviving expectations of further Federal Reserve rate cuts, which typically depress gold prices. Combined with thin holiday trading and a broader $4900‑$5100 consolidation, the environment is ripe for a move lower. The stop is placed at the recent structural high (4968.75), and three profit targets (4945.78, 4937.68, 4921.47) map the anticipated descent as the gap fills and the bearish momentum continues.