XAUUSD H4: Bearish Trendline Holds — Is Price Heading Toward SSLGoldOANDA:XAUUSDRichard_PrimeInsightsXAUUSD is currently trading around 4,285, remaining under a clearly defined bearish trendline after the strong rejection from the 4,680–4,720 Resistance + OB area. The broader H4 structure remains bearish, with multiple BOS signals confirming the downside structure. Price has continued to form lower highs and lower lows while remaining below the descending trendline. The 4,420–4,450 Small OB is the main overhead POI. As long as price remains below this zone and the bearish trendline, the current corrective structure remains vulnerable to further downside. The key downside area is the 4,235–4,255 SSL + Demand Zone, where liquidity and demand are concentrated. Price may first experience a short-term reaction before deciding whether to continue lower. The Bias: H4 Bearish Continuation / Potential SSL Sweep. The Target Path: Price may continue toward the 4,235–4,255 SSL + Demand Zone. A liquidity sweep into this area could produce a temporary recovery, while a clean break below the demand zone could open the path toward lower levels. Potential Setup: Observe price reaction below the bearish trendline and around the 4,420–4,450 Small OB. If price remains capped below this POI and develops bearish displacement with confirmed MSS/BOS, the downside continuation scenario remains valid. Confirmation: A sustained rejection below the bearish trendline, followed by a break of the recent H4 lows and expansion toward the 4,235–4,255 SSL area, would strengthen the bearish continuation structure. Alternative Scenario: If price reclaims the 4,420–4,450 Small OB and breaks above the bearish trendline with strong displacement, the current bearish structure could weaken and a deeper recovery may develop. Invalidation: Strong acceptance above 4,450 and a clear break of the bearish trendline would invalidate the immediate bearish continuation thesis. Educational purposes only — Not financial advice.