XAUUSD (4H) – Bearish Continuation Setup

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XAUUSD (4H) – Bearish Continuation SetupXAU/USD SpotFX:XAUUSDFrankAgboGold is showing a clear bearish market structure after a strong impulsive drop. Price is currently retracing into a key supply zone around 4580–4600, which aligns with previous support turned resistance. šŸ” Key Levels: * Supply Zone: 4580 – 4600 * Current Price: 4380 * Target Zone: 4175 šŸ“Š Scenario: I’m watching for price to push slightly higher into the marked supply zone, where sellers are likely to step in. If we see rejection (weak candles / wicks / bearish confirmation), this could offer a solid short opportunity. šŸŽÆ Targets: * First reaction: 4350 * Main target: 4175 (major support) āš ļø Invalidation: A strong break and close above 4600 would invalidate the bearish idea. Patience is key here — let price come to the zone and confirm before entering. #XAUUSD #Gold #Forex #TradingView #PriceAction #SmartMoney #TechnicalAnalysis