The technical analysis for XAU/USD on the 1H chart suggests a bearish sentiment overall. Most oscillators, including Momentum, MACD, and Awesome Oscillator, indicate sell signals, while only Stochastic RSI Fast suggests a buy. Moving averages predominantly signal a sell, with Simple Moving Average (100) and Hull Moving Average (9) as exceptions, indicating a buy. Pivot points, including Pivot, classic, Fibonacci, camarilla, and Woodie, all signal a sell. The gold forecast predicts a likely correction within the price range zone, suggesting a sell sentiment. Combined probabilities of decline from oscillators, moving averages, pivot points, and gold forecast indicate an 80.83% chance of decline. Conversely, the chance of rise is only 4.17%. In a bearish scenario, traders may consider selling XAU/USD, targeting support levels indicated by pivot points. In a bullish scenario, traders should exercise caution, considering the low probability of an upward movement. Overall, XAU/USD is likely to continue its downward momentum on the 1H chart, though traders should adapt to unexpected market shifts.