XAUUSD 3H — DESCENDING TRENDLINE REJECTION MOVING DOWN Gold vs US DollarDERIV:XAUUSDFrankAgboGold is respecting a descending trendline after repeatedly failing to break higher. Price has now rejected the 4,334–4,352 area, keeping the short-term structure bearish. 🔻 SELL SETUP Entry Zone: 4,326–4,334 Stop Loss: 4,383 Take Profit: 4,296 📊 Technical Breakdown Price continues to trade beneath the descending trendline. Recent candles show rejection from the trendline/resistance area. The latest bearish move pushed price back toward the 4,320s. 4,296 is the key horizontal support visible on the chart. A decisive break below 4,296 could open the way toward lower levels. 🎯 KEY LEVELS 🔴 Resistance: 4,334–4,352 📉 Trendline: Dynamic resistance 🎯 Target: 4,296 🛑 Invalidation: 4,383 Bearish scenario: Price remains below the descending trendline → sellers target 4,296. Bullish invalidation: A strong breakout and sustained move above the trendline/resistance would weaken the bearish setup. #XAUUSD #GOLD #GoldTrading #Forex #TradingView #PriceAction #TechnicalAnalysis #GoldAnalysis #SupplyAndDemand