XAUUSD H1: Converging triangle still leans bearish
XAUUSD is consolidating within a converging triangle pattern, yet the underlying structure remains bearish as the price consistently forms lower highs beneath the trendline. The 4,060ā4,066 zone acts as key resistance, while 4,024ā4,025 serves as the immediate support. If the price rallies to the resistance level but faces rejection, sellers could push gold back down…
