XAUUSD - 4H Bearish Momentum

In the 4H time frame, remains bearish. After breaking the support trend line and consolidating below it, further declines are anticipated.
Liquidity above Friday’s high has been hunted, signaling a potential start of a bearish move from this zone. 📉

Trade active

Gold moved exactly as anticipated, dropping sharply from the $2630 resistance zone. After forming a pullback during the Asian session, it’s now positioned for further declines as we approach the London session. The bearish trend remains strong, and the setup looks promising for continued downside momentum. Let’s watch how it reacts in the upcoming hours!

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