Gold at Channel Low — Reversal Setup from Key Support? for OANDA:XAUUSD by ThomaSs_Matthew

TradingView idea: Gold at Channel Low — Reversal Setup from Key Support? for OANDA:XAUUSD by ThomaSs_Matthew TradingView symbol: XAUUSD Hello traders! Here’s my technical outlook based on the current XAUUSD (4H) structure. Gold is currently trading within a well-defined descending channel, maintaining a bearish market structure with consistent lower highs and controlled downside movement. The recent rejection from the upper boundary of the channel confirms that sellers remain in control, as price continues to respect dynamic resistance. After this rejection, price has been steadily declining toward the 4,620–4,660 support …