XAUUSD — GOLD 1H BEARISH SETUP

📉 XAUUSD — GOLD 1H BEARISH SETUP
Gold is showing a bearish trendline breakdown on the 1H chart.
Price has been respecting the ascending trendline for an extended period, but the structure has now weakened significantly. The recent sell-off pushed price below the rising trendline , suggesting that bullish momentum may be losing control.
🔻 Bearish Scenario
Entry zone: 4,340–4,350
Stop/invalidaton: Above 4,497
Target: 4,055
The idea is to look for a retest of the broken trendline before continuation lower. If price retests the broken support and produces bearish rejection/confirmation, sellers could regain control.
🎯 Key Levels
4,340–4,350: Current breakdown/retest area
4,497: Major invalidation zone
4,405–4,430: Potential resistance on a deeper retracement
4,055: Major downside target/support
⚠️ Confirmation Matters
I would not chase the large bearish candle . The cleaner setup is:
Breakdown → Retest → Bearish confirmation → Continuation
If price reclaims and holds above the broken trendline, the bearish idea becomes weaker and the setup should be reassessed.
XAUUSD | 1H
Trendline Breakdown 📉
Patience > Prediction.