XAUUSD H1 – Bearish Breakdown Setup

🔻 XAUUSD H1 – Bearish Breakdown Setup

Bias: Bearish

Timeframe: H1

Setup:

Price is compressing inside a descending triangle with lower highs, showing seller dominance. Current structure indicates weakness as price struggles below resistance trendline.

Key Levels:

• Resistance: 4800 – 4790

• Support: 4745 zone

Trade Idea:

Sell on breakdown & retest of support zone.

Targets:

• TP1: 4700

• TP2: 4660

Stop Loss: Above 4835

Analysis:

Bearish pressure building with descending structure + rejection from trendline. A confirmed breakdown can trigger strong downside momentum