Gold 1H Analysis – Sellers in Control Below ResistanceGOLD (US$/OZ)TVC:GOLDProfessor-Gold-SignalsGold is currently trading around the 4600 region, hovering near support as bearish pressure continues to build. 🔍 Market Structure Insight (1H): On the intraday timeframe, price is forming lower highs and struggling to reclaim resistance, indicating a bearish market structure. The recent price action suggests distribution, with sellers maintaining control and liquidity resting below current levels. 📈 Bullish Scenario: If price manages to reclaim and hold above the 4638 resistance level, it may trigger a short-term recovery as buyers attempt to regain momentum. 📉 Bearish Scenario: Due to: = Stronger US Dollar increasing the opportunity cost of holding gold = Rising Treasury yields reducing demand for non-yielding assets = Ongoing geopolitical uncertainty and rate pause expectations weighing on sentiment Gold may continue its downside move, and a break below the 4553 support could open the path toward the 4480 target, aligning with a lower liquidity zone. ⚠️ Key Levels to Watch: Resistance: 4638 Support: 4553 💡 Trading Idea (SMC): Watch for a break of structure (BOS) below support, followed by a pullback into a bearish order block or fair value gap (FVG) for continuation toward sell-side liquidity. SMC Key Concepts: = Bearish BOS confirming continuation = Sell-side liquidity resting below equal lows = Supply zones acting as rejection areas = 4480 as liquidity draw / target zone This is a personal market view based on price action, not financial advice. #Gold #XAUUSD #Forex #TradingView #SmartMoney #TechnicalAnalysis