XAUUSD H1 ANALYSIS

XAUUSD Analysis (H1)

Gold remains under bearish pressure inside a descending channel, but price is approaching a key support zone where a short-term corrective rebound could develop. A breakout above the channel resistance may trigger a recovery toward the 4400–4450 area, while failure to hold current support could extend the downtrend.

Bias: Bearish below resistance, bullish correction possible from support.

Key Levels:

🔹 Resistance: 4400 – 4450

🔹 Support: 4250 – 4280

Trade with proper risk management and wait for confirmation before entry.