XAUUSD H1 — Bearish Breakdown Below Rising Trendline

Setup: Bearish 🔻 Key Level: 4288 Target Zone: 4240–4245 Timeframe: H1 Market: XAUUSD / Gold vs US Dollar

XAUUSD is showing a bearish technical structure on the H1 timeframe. Price has broken below the ascending support trendline and is currently consolidating around the 4288–4290 area. The descending trendline is maintaining pressure from above, while the recent breakdown indicates that sellers are gaining control. A sustained move below 4288 would strengthen the bearish scenario.

🎯 Target: 4240–4245 zone The 4240 area is the next major support/target zone marked on the chart. Traders should monitor the 4288 level for a retest and bearish rejection before considering continuation toward the target.