XAUUSD TRADE IDEA

XAUUSD H1

• Bias: Bearish in the short term
• Trend: Price remains inside a descending channel, with lower highs and lower lows.
• Resistance: 4078–4082, then 4108–4112 (major supply zone).
• Support: 4045, then 4016 (strong demand zone).

Trade Idea (Sell):

• Entry: Sell on a pullback to 4078–4082, or after a confirmed break below 4045.
• Stop Loss: Above 4112.
• Take Profit 1: 4045
• Take Profit 2: 4016

Conclusion:
The overall structure remains bearish. Unless price breaks and closes above 4112, sellers maintain the advantage. A rejection from resistance or a breakdown below 4045 would strengthen the bearish continuation.