XAUUSD (September 7-11) ā Key Supply & Demand LevelsGoldOANDA:XAUUSDlikris Gold is currently around 4,430, trading below a series of overhead supply zones. Key levels: * š“ 4,600 ā Major supply * š“ 4,540 ā Sell zone * š“ 4,500 ā Near-term sell zone * š¢ 4,250 ā Major demand / potential reversal zone * š» 4,000 ā Downside target if 4,250 breaks Bearish scenario As long as price remains below 4,500ā4,540, the 1H structure favors another move lower. A rejection from either sell zone could send price toward 4,250. If 4,250 breaks decisively, the bearish extension opens toward 4,000. Bullish scenario The key is 4,250. If price reaches this zone and holds, Iād look for a 1H reversal and reclaim of 4,500. A clean break above 4,540 would weaken the bearish setup and put 4,600 back in play. Above 4,600, the chart opens toward 4,680. Overall bias: š Short-term bearish below 4,500ā4,540. 4,250 is the major decision level: hold = potential bullish reversal; break = potential continuation toward 4,000. This is the roadmap Iām watching confirmation around the zones matters more than blindly trading the levels.