XAUUSD H1: Prolonged Sideways Range Finally Breaks

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XAUUSD H1: Prolonged Sideways Range Finally BreaksGoldOANDA:XAUUSDEmir_WatenGold has just formed a lower high (LH) around 4.155, combined with a break below the sideways range at 4.020–4.060 that's held for the past several days — a fairly clear signal that the previous uptrend is at risk of reversing to the downside. Price is now heading toward the 3.996 zone, a key Fibonacci level below. My plan is to sell if price makes a slight bounce up to retest the broken sideways range around 4.040–4.060, stop loss above 4.080, targeting the 3.996 zone below. The biggest risk is if price breaks above and closes firmly over 4.080 — in that case, this reversal signal will be considered failed, and I'll stay on the sidelines waiting for a new structure rather than forcing a sell. This is just my personal take based on technical analysis. Wishing you successful trading.