XAUUSD | Bearish Rejection at HTF Order Block 🔻
Gold is approaching a major HTF resistance and order-block zone around the 4309–4318 area after completing a strong bullish retracement from the lower levels. Price has now entered a region where previous selling pressure and the descending HTF trendline converge, making this zone important for the next directional move.
The overall structure shows that the previous bullish recovery may be approaching exhaustion as price interacts with the HTF t
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