# Gold Spot Chart Shows Bearish Trend

> Gold price drops below 4,280 as chart signals short-term bearish move.
- Title: Gold Spot Chart Shows Bearish Trend · TradingView | Shortify
- Summary: Gold price drops below 4,280 as chart signals short-term bearish move. Gold is trending bearish after failing to break above 4,350-4,375 resistance, with…
- Keywords: xauusd, gold spot, 45-minute chart, bearish structure, short-term target, technical analysis, business, finance, Gold, Spot, Chart, Shows
- Source: TradingView — https://tradingview.com/chart/XAUUSD/0S8yMShA-XAU-USD-Gold-Spot-45-Minute-Chart
- Published: 2026-09-23T16:22:43+00:00
- Read time: 1 min
- Topics: xauusd, gold spot, 45-minute chart, bearish structure, short-term target, technical analysis, business, finance
## Market Structure Shift
Gold price repeatedly failed to break above 4,350-4,375 supply zone.
## Key Resistance Area
4,350-4,375 remains dominant resistance where price tested multiple times but failed to sustain breakout.
## Current Bearish Sequence
Price declined toward 4,280 after rejecting upper resistance, breaking below 4,320-4,340 swing levels.
## Potential Support Levels
Immediate support at 4,275-4,280, next support at 4,260-4,265, with potential target at 4,245-4,255.
## Short-Term Scenario
Possible bounce toward 4,290-4,300 before bearish continuation toward 4,260 and 4,245-4,255.
## Invalidation Conditions
Bullish scenario requires price to reclaim 4,320-4,340 with strong momentum or break above 4,350-4,375 supply zone.
## Key takeaway

Gold is trending bearish after failing to break above 4,350-4,375 resistance, with potential support at 4,275-4,280.