Signal XAUUSD Sell — H4 - June 3, 2026 04:06 GMT-4
On the H4 chart XAUUSD has been carving a clear bearish channel since early May. Each successive candle has produced lower highs and lower lows, with the most recent high at ~4524 and the low dipping to 4455. The decline in volume during the last few sessions suggests a lack of buying pressure, reinforcing the downtrend. Momentum indicators are turning negative as closes consistently sit near the lower end of each bar, confirming the bearish bias. Given the break of the 4455 support zone, the market is primed to test the next major swing low around 4300. The sell entry…