Gold (XAUUSD) is approaching a strong 1H supply/resistance zone around 4291–4323. Price is showing signs of rejection from this area, while the broader structure suggests a potential pullback toward the rising trendline.

📉 Bearish Setup:

Supply Zone: 4291 – 4323
Entry: Around 4290–4300 after bearish confirmation
SL: Above 4323
TP1: 4240
TP2: 4200
Major Support: 4199–4200

⚠️ Confirmation: Wait for a clear bearish rejection/candle confirmation from the supply zone before entering.