XAU/USD 2H TFGoldOANDA:XAUUSDThefearlessanalystPrice is currently in a bearish channel, respecting lower highs and lower lows. Previous supply zones have been mitigated, and price has now reached a lower demand/reversal area. A rejection is visible, suggesting a potential short-term pullback. However, the overall structure remains bearish, so any upside move is likely corrective unless a clear break of structure confirms a trend shift.