XAUUSD Under Pressure: Why Gold Remains Bearish Below the Descending Trendline

Gold (XAUUSD) continues to trade under a strong descending trendline on the 15-minute timeframe, signaling sustained bearish pressure. Price reactions near previous supply zones confirm that upside moves remain high-risk unless a clear breakout occurs

GOLD ANALYSIS

12/29/20251 min read

Gold (XAUUSD) remains in a controlled downtrend as price continues to respect a well-defined descending trendline on the 15-minute chart. Multiple rejection points confirm that sellers are still dominant, and every short-term bullish attempt has failed to break above dynamic resistance.