XAUUSD/GOLD 1H BEARISH ENGULFING SELL PROJECTION 16.01.26

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XAUUSD/GOLD 1H BEARISH ENGULFING SELL PROJECTION 16.01.26Gold Spot (XAUUSD)FXOPEN:XAUUSDkripsonfx97Major Downtrend Channel Black parallel lines = strong bearish structure ✅ Break + Retest Zone “Entry for sellers after retest” area correct ✅ Price retest pannitu reject aana sell continuation chance high. Bearish Engulfing Engulfing candle is a strong confirmation ✅ Especially trendline / supply zone la vandha → high probability sell. Targets also correct TP1: near 4588-4590 zone ✅ TP2: near 4570 zone ✅ 🔥 Perfect Sell Plan (Simple Rules) ✅ Entry: Retest zone reject + bearish candle close (1H) ✅ SL: Above OEB / trendline zone (4612–4616 area) ✅ TP1: 4588 ✅ TP2: 4570