GOLD (XAU/USD): Waiting for Selling Confirmation

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GOLD (XAU/USD): Waiting for Selling ConfirmationGoldCAPITALCOM:XAUUSDlinofx1⚠️Gold is currently trading in a bearish trend. Following a new lower low and lower close on the 4-hour timeframe, the pair started to consolidate within a horizontal trading range. I am awaiting a bearish breakout from the support level of this range. A 4-hour candle closing below 4065 would signify the strength of the sellers. A bearish continuation would be confirmed at that point, with the 4000 level serving as the next support.