XAUUSD | TRADING PLAN H1 29/09/2026GoldOANDA:XAUUSDFireWave_Gold✅ XAUUSD/H1 Gold is currently maintaining a strong bearish structure as price remains below the descending trendline and EMA trend lines. After breaking below the Resistance Flip (4214 - 4238) + FIBO, price is consolidating around the Support Zone (4110 - 4116). Therefore, the priority is to look for sell setups in line with the current structure when a favorable retest occurs. 🔴KEY LEVELS Resistance Flip: (4214 - 4238) + FIBO Major Resistance: (4160 - 4171) + Trendline + EMA Support Zone: (4110 - 4116) Key Support: (3960 - 3980) 🔴Bearish Scenario: If price retests and continues to hold below the Major Resistance (4160 - 4171) and shows rejection, selling pressure could continue to push price toward the Support Zone (4110 - 4116), followed by the Key Support (3960 - 3980). => If price breaks down through the Support Zone (4110 - 4116), a sell continuation setup can be considered, targeting the Key Support (3960 - 3980). If price makes a deeper retracement toward the Resistance Flip (4214 - 4238) + FIBO but fails to break above it and shows rejection, this will be the key area to look for sell setups, targeting the Major Resistance (4160 - 4171) and Support Zone (4110 - 4116). 🟢Bullish Scenario: If price holds the Support Zone (4110 - 4116) and shows clear buying pressure, a buy-the-rebound setup can be considered, targeting (4140 - 4144) and the Major Resistance (4160 - 4171). If price breaks out and holds above the Major Resistance (4160 - 4171), a short-term buy setup can be considered, targeting the Resistance Flip (4214 - 4238) + FIBO.