XAUUSD H1 Analysis

Gold has broken out of the descending channel and is testing a key resistance zone around 4028–4033. A confirmed break and retest could open the way toward 4045–4060, while rejection from this area may lead to a move back toward 4000. Patience is key—I'm waiting for confirmation before considering a trade.

XAUUSD H1 Analysis

Gold has broken out of the descending channel and is testing a key resistance zone around 4028–4033. A confirmed break and retest could open the way toward 4045–4060, while rejection from this area may lead to a move back toward 4000. Patience is key—I'm waiting for confirmation before considering a trade.