XAUUSD H1: Bearish Structure Meets a Key Demand ZoneGoldOANDA:XAUUSDRichard_PrimeInsightsXAUUSD continues to trade within a broader bearish structure on the H1 timeframe after the previous downside displacement broke the rising recovery structure. Price is currently consolidating around 4,400–4,410, just above the 4,370–4,395 OB + Demand Zone. This area is now the key reaction point for the next directional move. The 4,480–4,510 Resistance remains the main upside barrier. Any corrective recovery into this area could provide another rejection opportunity, while a sustained break below the demand zone would expose the stronger support around 4,290–4,320. The current EMA structure also remains relatively weak, with price trading below the higher-period averages, supporting the broader bearish context. The Bias: Short-Term Bearish Continuation / Corrective Recovery. The Target Path: Price may first react around the 4,370–4,395 OB + Demand Zone, potentially recover toward 4,450–4,510 Resistance, and then continue lower toward the 4,290–4,320 Strong Support. Confirmation: A bearish rejection from the Resistance zone, followed by displacement and CHoCH/MSS on lower timeframes, would strengthen the continuation scenario. Invalidation: Strong H1 acceptance above 4,510 would weaken the bearish setup and suggest a deeper bullish recovery. Educational purposes only — Not financial advice.