XAUUSD: Major 1H Support at 3964 Under Pressure – Break Opens GoldOANDA:XAUUSDPremiumTrader57Market Structure Overview: \Gold is trading in a clear bearish trend on the 15-minute and higher timeframes. The price has been respecting a descending channel and has now arrived at a critical major support level at 3964, which has acted as strong 1H defense multiple times. Key Setup: If price breaks and closes below 3964 → This will confirm a Break of Structure (BOS) on the 1H timeframe. Breaking this major support will likely accelerate selling pressure as stop-losses above the level get triggered and new sellers enter. Detailed Reasons for Sell: Major 1H support acting as the last line of defense Overall market structure remains bearish with lower highs and lower lows Supply Zone visible higher up keeping pressure on price High probability of continuation once support fails Trade Plan: Entry: Aggressive sell on confirmed break & close below 3964 Stop Loss: Above 3975 (safe buffer) Targets: TP1: 3940 TP2: 3920 TP3: 3900 (Main target - strong liquidity area) This setup offers a high risk-reward opportunity if the support breaks decisively. This is not financial advice. Always use proper risk management and confirm with your own analysis.