Gold's Bearish Descent: Eyeing a Short Re-entry on XAU/USD

XAU/USD Technicals & Trend Confirmation

Alright team, looking at Gold (XAU/USD) again. It's been pretty bearish lately, and the trend definitely looks like it's holding firm. Currently sitting around 2910.27, we've seen a dip of -0.33% over the last 24 hours. The day range has been between 2895.68 and 2924.86, so it's been bouncing a bit, but the overall direction is down.
My technical analysis is showing that resistance level at 2924.86 is still holding strong from previous moves, and even further up at 2950. With the current bearish sentiment, I'm looking for a retest of that upper range before a potential rejection. The chart is telling me to respect that trend, not fight it.

My Swing Trade Setup & Fundamentals

Given the bearish momentum, I’m eyeing a short position on XAU/USD. From a fundamental perspective, we've seen some general strength in the USD recently, which usually puts pressure on Gold prices. This