XAUUSD Bears Remain in Control Below Key Resistance, Aim 4,000$Gold / U.S. DollarFOREXCOM:XAUUSDLegionQ8Hello traders! Here’s my technical outlook based on the current XAUUSD (1H) chart structure. XAUUSD previously traded inside a descending channel, where sellers maintained control after a strong rejection from the upper range. Following a breakdown below a key consolidation area, price extended its bearish move and continued forming lower highs and lower lows. Currently, XAUUSD is trading inside another descending channel while remaining below the 4,150 Seller Zone. Recent breakdowns from both the range and channel support confirmed persistent selling pressure, while the latest pullback appears corrective rather than a trend reversal. As long as XAUUSD remains below the 4,150 Seller Zone and continues to respect the descending channel structure, the bearish scenario remains valid. A continuation lower could push price toward the 4,000 Buyer Zone (TP1), where buyers may attempt to defend the market. Please share this idea with your friends and click “Boost” 🚀