Signal XAUUSD Sell — H4 - June 3, 2026 08:20 GMT-4
The XAUUSD pair has been in a clear downtrend on the H4 timeframe, with price action consolidating near key support levels after a recent peak around 4566.92. The last few candles show a strong bearish bias, with closes consistently below prior highs and volume indicating waning bullish momentum. The current support zone at 4461.03 aligns with a critical Fibonacci retracement level and a recent low, suggesting potential for further downside. The consolidation phase following the 4566.92 high indicates exhaustion in the uptrend, while the subsequent decline reflects stronger bearish pressure. Volume on the recent candles has been moderate, but the…