XAUUSD H1: Bearish Continuation After Fibo AccumulationGoldOANDA:XAUUSDRichard_PrimeInsightsXAUUSD continues to trade within a broader bearish structure on the H1 timeframe after the previous sharp decline from the 4,480–4,500 area. Price recently formed a recovery leg from the 4,280–4,320 Strong Support, but the rebound is now losing momentum beneath the descending trendline. The current structure suggests that this recovery may be corrective rather than the beginning of a new bullish trend. The 4,390–4,415 Fibo + Accumulation zone is the first key reaction area, while the 4,420–4,445 Small OB provides an additional resistance layer. Above these levels, the 4,485–4,510 Strong Resistance remains the major invalidation area for the bearish structure. The Bias: Short-Term Bearish Continuation / Corrective Recovery. The Target Path: Price may retest the 4,390–4,415 Fibo + Accumulation zone, potentially react toward the 4,420–4,445 Small OB, before continuing lower toward the 4,280–4,320 Strong Support. Confirmation: A bearish rejection from the Fibo or Small OB zone, followed by strong displacement and CHoCH/MSS on lower timeframes, would strengthen the continuation scenario. Invalidation: Strong H1 acceptance above 4,510 would weaken the bearish structure and suggest a deeper bullish recovery. Educational purposes only — Not financial advice.