Signal XAUUSD Sell — H4 - June 4, 2026 07:33 GMT-4
The H4 chart of XAUUSD (spot gold) reveals a clear bearish trend with consecutive lower highs and lower lows, indicating weakening bullish momentum. The recent close at 4488.08 aligns with a critical support level that has been tested multiple times, yet failed to hold, leading to a downward breakout. Volume on the entry candle (4488.08) was notably higher than preceding periods, signaling increased selling pressure and confirmation of the bearish reversal. The price has been consolidating near this support, creating a potential setup for a short-term decline. With the trend favoring the downside, the sell signal is justified as the…