Gold prices continue to fall, market sentiment stays weak, the 4,000 level is breached, and the low touched around 3,970.

On the daily timeframe, bearish signals are clear: the focus keeps shifting lower, and the four-hour chart shows step-like declines.

Although there may be a need for rebound and repair, the rebound strength is limited. Don’t chase it higher—still short positions are the priority.

Trade suggestion: short around 4,015 and 4,030, with targets at 3,950 and 3,900.