XAUUSD H4 — Head & Shoulders Setup FormingXAU/USD Spot - GoldFX:XAUUSDKinkiHuangGold is currently showing a potential Head & Shoulders pattern on the H4 timeframe. We can identify a clear Left Shoulder, Head and Right Shoulder, with price now testing the key neckline/support zone around 4,310–4,330. The overall H4 structure is also turning bearish, with price currently trading below the 20 EMA, 50 EMA and 200 EMA, adding further pressure to this support area. ⚠️ The setup is NOT confirmed yet. I’ll be watching for a clean H4 break and close below the neckline before considering a SELL setup. I would prefer confirmation rather than selling directly into support, as a rejection from the neckline could still invalidate or delay the pattern. If the neckline breaks with strong bearish momentum, the next major downside area I’ll be watching is around 4,130, which also lines up with the projected Head & Shoulders move shown on the chart. My Plan: 🔸 Neckline: ~4,310–4,330 🔸 Wait for H4 candle confirmation below neckline 🔸 Bearish confirmation → Look for SELL opportunity 🔸 Downside target area: ~4,130 🔸 No confirmed break → No trade / continue monitoring Gold is sitting at an important decision point now. Let price confirm the direction first rather than anticipating the breakout. This is my personal market analysis and not financial advice. Always manage your own risk. #XAUUSD #Gold #GoldTrading #TechnicalAnalysis #HeadAndShoulders #ForexTrading #PriceAction #TradingView #bottradingwithkinki