XAUUSD FORECAST Gold vs US DollarPEPPERSTONE:XAUUSDmathiaswilliamGold is in a long-term (H4) downtrend. Price retraced up leaving a supply zone above on higher time frame. Price currently got rejected once and now twice from this zone on lower time frame (M15). The second time, it changed character CHoCH) on M15 time frame and further confirms the reversal to the downside by breaking market structure from uptrend to downtrend on M15 time frame. We entered short at the supply zone targeting H1 demand zone. We will wait and see 👀 how price reacts.