XAUUSD TRADE IDEA

XAUUSD (H1) –

  • Bias: Buy
  • Price has bounced strongly from the 3970–3980 demand zone, forming higher lows and breaking above the short-term bullish trendline.
  • 4080–4095 is the key resistance. A confirmed H1 close above this area could trigger further upside.
  • Bullish Target: 4138–4140
  • Support: 4035, then 3980
  • Invalidation: A break below 4035 increases the chance of a retest of the 3980 demand zone.

Conclusion: The short-term momentum remains bullish while price holds above 4035, with 4138 as the primary upside target.

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