XAU/USD 4H | Supply Zone Reaction

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XAU/USD 4H | Supply Zone ReactionGoldOANDA:XAUUSDXAUUSD-ANAlYSIS-CHANNELGold is showing a possible bearish reaction from the marked supply area around 4,680–4,700. Price has already started moving lower from the upper zone. The highlighted 4,550–4,570 area is an important reaction area to watch. A clear rejection and continuation below this region could open the way toward the next major support near 4,300. Key Levels • Supply area: 4,680–4,700 • Reaction area: 4,550–4,570 • Major support: around 4,300 This is a technical scenario based on market structure and price action. I will wait for confirmation rather than reacting to every candle.