GOLD – 4H Trendline Structure Analysis Trend OverviewGold vs US DollarTICKMILL:XAUUSDAvo-TradesGOLD – 4H Trendline Structure Analysis Trend Overview Gold is currently trapped between the green descending trendline (bearish pressure) and the red rising trendline (bullish support). Price keeps bouncing inside this box, failing to break above the green trendline and repeatedly holding the white horizontal support. This means: Market is consolidating, preparing for a bigger breakout. Momentum is slowly tilting bearish as long as the green trendline holds. Key Levels Resistance: 4253 Support: 4128 pivot Local support box (white zone): 4170–4180 Red trendline: major bullish support — break = bearish continuation Green trendline: major bearish resistance — rejection = correction Expected Scenario (High Probability) Your drawing is accurate — market is likely forming a lower-high pattern under the green trendline. 1️⃣ Move up → rejection at green trendline Price tries to retest the green trendline (around 4230–4240) → Fails to break → Forms another lower high. 2️⃣ Drop back into the white support box Price returns to 4170–4180. 3️⃣ Break of the white box → test red trendline A clean 4H break and close below the white box will send price toward the red trendline. 4️⃣ Break of the red trendline = full bearish confirmation If the red trendline breaks with confirmation, gold will likely slide toward: First target: 4128 Next continuation level: 4080 Extended target: 4020 area (Your white arrow projection matches this perfectly.) Bias Summary Bearish while below the green trendline. Major bearish trigger = break below white zone + red trendline. Bullish only resumes if price breaks and closes above 4253 — until then, upside is limited.