📊 Gold (XAUUSD) H1 Market Analysis

Gold is showing a bearish market structure on the 1-hour timeframe, with lower highs and lower lows.

Important levels I'm watching:

- Resistance: 3994–4000
- Support: 3977–3982

Price recently bounced from the support zone but faced selling pressure near resistance.

My observation: Sellers remain stronger in the overall structure, although buyers are attempting a short-term recovery.

I'll be watching for a confirmed candle close before drawing further conclusions.

What is your view on Gold?

#XAUUSD #Gold #TechnicalAnalysis

Educational purposes only. Not financial advice.