XAUUSD H1 Analysis
Price is trading inside a descending structure with clear lower highs and lower lows, showing short-term bearish pressure. Currently reacting from a demand zone near 4710–4720, but still below key resistance.
🔹 Bearish scenario: Rejection from 4745–4760 zone can push price lower toward 4680–4660.
🔹 Bullish scenario: Break and hold above 4760 opens upside toward 4800.
Overall bias remains sell on rallies unless structure breaks.
Profilo MQL5
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