GOLD 4H Short Setup – Rejection from Area of Interest & Descend

Gold (XAU/USD) has printed a clean bearish setup on the 4H timeframe.

Price got rejected multiple times from the 3,360–3,380 Area of Interest (AOI), forming a solid resistance zone. After failing to break higher, it created a descending triangle, signaling weakening bullish momentum and increasing seller strength.

We’ve now seen a break and retest of the triangle support, aligning perfectly with the AOI. I’ve taken a short position from this level, anticipating continuation toward the next major demand zone around 3,201.65.

🟢 Confluences:

Strong rejection from AOI

Lower highs confirming bearish pressure

Break + retest of triangle support

Clean R:R > 2:1

📉 Trade Parameters:

Entry: ~3,335

Stop Loss: ~3,375 (above structure)

Take Profit: ~3,201

Let’s see if momentum carries this setup through. Always manage your risk.

#XAUUSD #Gold #PriceAction #ShortSetup #ResistanceRejection #DescendingTriangle #TechnicalAnalysis #4HChart #SwingTrade #BearishBias