XAUUSD | TRADING PLAN H1 06/10/2026GoldOANDA:XAUUSDFireWave_Gold✅ XAUUSD/H1 Gold is currently maintaining a bearish structure as price remains below the descending trendline and EMA trend lines. After reacting at the Resistance Zone (4162 - 4168) + FIBO in yesterday’s plan, price is now returning to test the Support Zone (4110 - 4118). Therefore, we prioritize waiting for a reaction at this support zone before looking for a setup. 🔴 KEY LEVELS Resistance Zone: (4196 - 4205) Major Resistance: (4151 - 4165) + FIBO Support Zone: (4110 - 4118) Key Support: (4039 - 4046) 🔴Bearish Scenario: If price retraces to the Major Resistance (4151 - 4165) + FIBO, in confluence with the trendline, and shows rejection, we can look for a SELL setup targeting the Support Zone (4110 - 4118). => If price breaks and closes an H1 candle below the Support Zone (4110 - 4118), selling pressure could continue toward the Key Support (4039 - 4046) and further toward the Support Zone (3958 - 3978). => If price breaks above the Major Resistance and continues higher toward the Resistance Zone (4196 - 4205), continue waiting for a reaction at this zone to look for a SELL setup, targeting the Major Resistance (4151 - 4165). 🟢Bullish Scenario: If price holds the Support Zone (4110 - 4118) and buying pressure returns, a short-term BUY setup could develop toward the Major Resistance (4151 - 4165). If price makes a strong breakout and an H1 candle closes above the Major Resistance while also breaking the descending trendline, bullish momentum could continue toward the Resistance Zone (4196 - 4205).