XAUUSD 1H: Bearish Continuation After Weak ConsolidationGold / U.S. DollarFOREXCOM:XAUUSDLeo_fx11Gold remains under heavy bearish pressure on the 1H timeframe after failing to establish any meaningful bullish recovery. Following the aggressive sell-off, price is now consolidating near the lows while continuing to trade below the Ichimoku cloud — a strong indication that bearish momentum still dominates the market structure. The current price action suggests a temporary pause rather than a confirmed reversal. Weak consolidation below key dynamic resistance levels increases the probability of another liquidity sweep to the downside before any larger corrective move occurs. The projected path highlights a possible short-term retracement to trap late buyers, followed by continuation toward lower liquidity resting beneath the current structure. Sellers remain firmly in control unless price reclaims major resistance zones with strong momentum. Key Technical Observations: • Strong bearish market structure intact • Price trading below Ichimoku cloud • Weak consolidation near lows • Potential liquidity trap before continuation • Lower liquidity targets remain active As long as price stays below the key resistance and cloud structure, bearish continuation remains the higher probability scenario on the H1 chart. Patience, confirmation, and disciplined risk management remain essential in volatile market conditions.