xauusd h1 analysis

XAUUSD H1 Analysis 📉

Gold is still trading inside a bearish channel after a strong rejection from resistance. Price is now reacting around the 4387–4391 zone.

A short-term pullback is possible, but sellers remain in control unless price breaks above the channel resistance.

🔹 Resistance: 4391 – 4414

🔹 Support: 4365 – 4350

🔹 Bias: Bearish below 4414

Watch for rejection confirmation before the next bearish continuation move.