XAUUSD 1H: Perfect Rejection From Supply – Expecting Further DroGoldOANDA:XAUUSDAliEdrisiXAUUSD 1H Timeframe Analysis The price reacted perfectly to our previously marked supply zone and initiated a bearish move right from that exact point. Moving forward, we anticipate further downside movement. I am expecting the price to tap into lower levels, leading to a deeper sell-off in Gold. — Analysis by Ali Edrisi August 17, 2026