Signal XAUUSD Sell — H4 - June 4, 2026 14:30 GMT-4
On the H4 timeframe for XAUUSD, the price has been consolidating between key support at 4470 and resistance at 4540, with recent closes below the 4500-4520 range signaling a potential bearish reversal. The last few candles show diminishing bullish momentum, as volume has declined consistently, indicating weakening buying pressure. A series of lower highs and higher lows suggest a corrective phase within an overarching downtrend, with the current structure favoring a breakout below the critical support level of 4470. The recent close at 4477.4 aligns with this setup, where the price is testing the lower end of the consolidation range.…