Signal XAUUSD Sell — H4 - June 2, 2026 19:53 GMT-4
On the H4 chart XAUUSD has been carving a clear downtrend since the mid‑May swing high near 4595. The last ten bars have produced lower highs and lower lows, with the most recent high at 4520 broken on strong selling pressure. Volume spikes above 70k during the 4567‑4595 surge confirmed bullish enthusiasm, but the subsequent pull‑back was accompanied by rising volume (≈45‑55k) as sellers took control, indicating a loss of momentum on the upside. The price now sits just below the 4475‑4470 resistance cluster, which also acted as a prior swing low. A break below 4470 would invalidate the last…