Gold Spot / U.S. Dollar (XAUUSD) — 1 Hour TimeframeGoldOANDA:XAUUSDReubenMilesXAUUSD — GOLD SELL SETUP | 1H TECHNICAL MARKET ANALYSIS Gold Spot / U.S. Dollar (XAUUSD) — 1 Hour Timeframe Gold is currently showing a bearish market structure, with price trading below the major descending trendline and remaining under key resistance areas. The recent price action has formed a consolidation zone after the previous strong bearish breakdown, and now gold is approaching the 4143–4150 area, which is acting as an important breakdown/retest zone. 🔻 BEARISH SETUP The key confirmation for this setup is a breakdown below the 4143–4150 support area. If price breaks this zone with strong bearish momentum and then retests the area from below as resistance, it could provide a potential continuation entry for the sell side. The previous major breakdown around 4235 remains an important reference point, showing that sellers have already demonstrated strong momentum from the higher consolidation area. 📉 SELL SCENARIO Potential Sell Area: 4143–4150 Confirmation: Breakdown + bearish retest Timeframe: 1H 🎯 Technical Targets: TP1: 4117 TP2: 4094 TP3: 4075 🔻 SUPPORT LEVELS 4117 → 4094 → 4075 → 4049 → 4035 Strong Support Zone: 4020 🔺 RESISTANCE LEVELS 4192 → 4218 → 4226 → 4253 Previous Major Breakdown / Consolidation Area: 4235 Strong Resistance Zone: 4400 📊 MARKET VIEW As long as gold remains below the 4192–4253 resistance structure and continues respecting the descending trendline, the overall 1H bias remains bearish. The preferred setup is to wait for a confirmed breakdown of 4143–4150, followed by a retest and rejection before considering continuation toward 4117, 4094 and 4075. ⚠️ Risk Management: Do not enter blindly on a level. Wait for proper confirmation, manage your lot size according to your account, and always use an appropriate stop-loss. XAUUSD | 1H | BEARISH BIAS | SELL THE RETEST | TRADE WITH CONFIRMATION