XAUUSD H1 ANALYSIS

XAUUSD H1 Analysis

Gold is holding above the 4123 support zone after a strong bearish move and is showing signs of recovery. A sustained hold above support could push price toward the 4200–4230 resistance zone.

🔹 Support: 4123

🔹 Resistance: 4200–4230

🔹 Bias: Bullish recovery above 4123

🔹 Key Trigger: Breakout above 4230 may open the way toward 4300.