Signal XAUUSD Sell — H4 - June 4, 2026 15:30 GMT-4
Signal closed at take profit
The H4 chart of XAUUSD shows a clear bearish bias with price consolidating near key support levels following a series of lower highs. The recent candle closing at 4480.09 (May 21) marks a critical low, coinciding with elevated volume (55980) that validates the selling pressure. Price has struggled to maintain above the prior high of 4510.98 (May 26), indicating weakening bullish momentum. The current setup suggests a potential breakdown below the 4480.09 support, which could trigger a downward move toward the 4332.88 target. Key resistance remains at 4510.98, but the failure to break above this level highlights a shift in…