Gold Market Outlook: Bearish Momentum ContinuesGoldOANDA:XAUUSDSibiShXAUUSD on the H1 chart is showing a clear shift from bullish structure to short term bearish pressure. Price was previously respecting an ascending channel with higher highs and higher lows but after tapping the upper trendline near the 4800 zone it formed a rejection and broke structure to the downside. Currently price is trading around 4600 and struggling below a key resistance zone 4600-4650 which is now acting as supply. The sharp bearish impulse suggests strong seller dominance and the projected move indicates a potential continuation toward the strong low area around 4350-4400 especially if price remains below the broken structure and descending pressure line. Fundamentally a strong USD and high interest rates are keeping gold under pressure supporting the downside move. As long as price stays below 4700 the bias remains bearish with a potential move toward 4400-4320. Any short term buying should be considered counter trend unless a strong bullish reversal forms at major support. Overall bias is bearish unless price reclaims 4700 with strength. Trade Plan – Sell Setup Sell Zone: 4600-4650 Trigger: H1 bearish rejection or strong bearish engulfing candle from resistance Targets: 4500, 4400, 4320 Invalidation: H1-H4 close above 4720 Trade Plan – Buy Setup Buy Zone: 4350-4400 (strong low + demand area) Trigger: Strong bullish rejection, liquidity sweep or double bottom formation Targets: 4550 4680 Invalidation: H1 close below 4300 Key Levels to Watch: Resistance: 4600-4720 Support: 4400-4320 Note Please risk management in trading is a Key so use your money accordingly. If you like the idea then please like and boost. Thank you and Good Luck!