XAUUSD H4: The Door to a Bullish Reversal Is OpeningGoldOANDA:XAUUSDRyan-MitchellXAUUSD is still trading within a descending channel, but bearish momentum has started to weaken as the price continues to find support near the lower boundary of the channel. This suggests that selling pressure is fading, increasing the likelihood of a bullish reversal. Trading Plan: A Buy setup is favored if XAUUSD holds the current support zone and breaks decisively above the upper boundary of the descending channel. Once the breakout is confirmed, the next upside target is the 4,200 resistance area. Invalidation: The bullish scenario will be invalidated if XAUUSD closes below the recent swing low around 3,930 on the H4 timeframe, indicating that sellers have regained control of the trend.