XAUUSD H1 ANALYSIS

XAUUSD Analysis (H1)

📉 Bearish Setup

Price is testing the lower boundary of the ascending channel. A confirmed break and candle close below trendline support could trigger a move toward the 4065 support zone.

Trade Idea:

Sell below channel support after confirmation.

Target: 4065

Invalidation: A strong bullish close back inside the channel may resume the uptrend.

⚠️ Wait for confirmation before entering. Manage risk accordingly.