Selling pressure – H1 trendline accumulation: 4230GoldOANDA:XAUUSDMoon-ForexAcademy1. Trendline Structure — Bearish Channel Gold is recovering from the 4,060–4,080 support zone, forming a short-term bullish structure. However, the broader trend remains bearish within a descending channel. Upper trendline: 4,210–4,225 — major dynamic resistance. Lower trendline: 4,050–4,070 — major dynamic support. Price is currently approaching the upper trendline after a strong rebound from the recent low. Key observation: The 4,210–4,225 zone is the critical decision area. A rejection could trigger another bearish leg, while a confirmed breakout may signal a broader recovery. 2. Key Resistance 4,205–4,225: Descending trendline resistance and potential sell zone. 4,245–4,255: Secondary resistance and previous supply. 4,305–4,315: Major supply zone. A rejection around 4,210–4,225 would favor a pullback toward the lower support levels. 3. Key Support 4,170–4,175: Immediate support / previous BOS area. 4,135–4,140: Secondary support and market structure level. 4,060–4,080: Major demand zone and lower channel boundary. 4,050–4,055: Potential downside target if the channel support breaks. ------------- Buying pressure recovered well around the 4200 level last week; the market is currently primarily consolidating and reacting within the 4100–4230 sideways range.