XAUUSD H1 Analysis | Descending ChannelGoldOANDA:XAUUSDamellia_conceptsGold is currently trading within a descending channel, keeping the overall structure bearish. Price is approaching the first selling zone around 4,315–4,325. A rejection from this area could open the way toward 4,280 and 4,240. The higher selling zone near 4,350–4,360 is the next key area to watch. A strong breakout above the channel could invalidate the bearish setup. For now, the focus remains on price reaction at the marked zones. this analysis is for educational purpose not for financial advice