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📊 XAU/USD Technical Analysis (H1) Gold is currently trading around $4,066, with price action showing a tug-of-war between buyers and sellers after a sharp bearish breakout. The market has entered a consolidation phase at lower levels. 🔹 Two consecutive small-bodied candles with long lower wicks have formed on the H1 chart, signaling buying interest near support and profit-taking from short sellers. 🔹 This price behavior suggests that dip buyers are accumulating below $4,050, slowing the bearish momentum in the short term. 🔹 During the European session, gold is expected to remain range-bound, but the broader trend remains bearish unless key resistance levels are broken. 🎯 Key Levels Resistance: $4,080 – $4,093 Support: $4,055 – $4,050 📉 Trading Strategy 🔴 SELL: 4,078 – 4,080 🎯 TP: 4,055 🛑 SL: 4,095 📌 Bias remains bearish while price stays below the $4,093 resistance zone. Sellers may look for opportunities on rallies toward resistance.

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