XAUUSD/GOLD 1H SELL LIMIT PROJECTION 04.03.26GoldOANDA:XAUUSDkripsonfx97XAUUSD / GOLD – 1H SELL LIMIT PROJECTION (04 March 2026) In the current 1-hour timeframe, gold is showing a short-term bullish retracement after a strong bearish move. Price is now moving along the intraday trendline and approaching a major resistance confluence zone. This zone contains a major Fair Value Gap, the Fibonacci Golden Ratio, and Resistance R2, making it a strong potential reversal area. If price reaches the 5230 – 5265 resistance zone, we are expecting a sell reaction from this area. Sell Setup Plan: Sell Limit Zone: 5230 – 5265 Target 1: 5140 Target 2: 5069 If the market rejects the resistance zone, we could see a continuation of the bearish movement towards the lower support levels. So watch the resistance area carefully for confirmation before entering the trade.