Signal XAUUSD Sell — H4 - June 4, 2026 11:29 GMT-4
On the H4 timeframe for XAUUSD, the price has been forming a clear downtrend with consecutive lower highs and lower lows, indicating bearish momentum. The recent close at 4471.05 aligns with a key support level established by the 4440-4450 range, which has acted as a psychological barrier. Volume has been consistently low during the consolidation phase, suggesting weak buying pressure and potential exhaustion of bullish trends. The current structure shows a breakdown below the prior support, creating a bearish setup with risk-reward favoring the sell signal. With the price approaching the 4471.05 area, the likelihood of a continuation toward the…