Gold Sniper FX
18/05/2026
XAUUSD 1H chart is currently showing a bearish structure with strong downward momentum. Price is consolidating near 4,540 after a sharp sell-off, and three major resistance/order block (OB) zones are being watched for potential sell entries.
* **4,616 zone** – First intraday resistance and nearest supply area.
* **4,683 zone** – Stronger resistance where previous selling pressure entered.
* **4,760 zone** – Major higher-timeframe bearish OB and strongest resistance zone.
As long as price remains below these resistance levels, the overall short-term bias stays bearish. Traders may look for rejection candles or lower timeframe confirmation around these zones for possible sell opportunities.
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