XAUUSD Analysis (H1 & H4) – Bearish Structure Still Dominates

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XAUUSD Analysis (H1 & H4) – Bearish Structure Still DominatesGoldOANDA:XAUUSDSunnyGoldTraderMarket Bias: Bearish 📉 XAUUSD remains under pressure as price continues to respect a descending trendline on both the H1 and H4 timeframes. Key Levels 🔹 Resistance: 4065 🔹 Support: 3959 The recent bounce from support appears to be only a short-term pullback. As long as price stays below the descending trendline and the 4065 resistance, sellers remain in control. Bearish Scenario Wait for a bearish rejection from the 4025–4065 resistance area. A confirmed rejection could push price back toward 4000 and then 3959. A break below 3959 may open the door for further downside. Bullish Scenario A bullish outlook becomes valid only if price closes convincingly above 4065 and breaks the descending trendline with strong momentum. Trade Smart. Wait for confirmation before entering. Risk Management is Key. What do you think? Bullish or Bearish? Share your view in the comments.