Expecting further selling in Gold
XAUUSD is showing weakness after the recent sharp drop, and the current consolidation is forming a rising channel.
A clean breakdown below 4350 could open the way toward:
🎯 4330 🎯 4320
As long as price remains below the 4380–4390 area, I’m favoring the bearish side.
Let’s see how Gold plays out tomorrow.

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1August 18, 2026 3.7K 1