GOLD (XAUUSD) | Bearish Continuation SetupGoldOANDA:XAUUSDmelikatrader94Hi! After forming a Head & Shoulders pattern within a major Supply & Demand zone, Gold experienced a sharp bearish drop, followed by the formation of another H&S pattern during the subsequent price action. Price is currently moving within a descending channel, maintaining its bearish structure and trading below the 100-period moving average. Trading Setup: We are waiting for a potential pullback into the highlighted pink Supply zone around $4,156–$4,159 to look for short opportunities, provided price action confirms bearish rejection. 🎯 Targets: First target: The green Demand zone around $4,050. Main target: The lower boundary of the descending channel, which aligns with the highlighted support area . As long as Gold remains within the descending channel, the bearish continuation scenario remains in focus.