XAUUSD H4 Analysis 📊
Price respected the bearish trendline and rejected from resistance zone. Currently moving inside a strong bearish structure after liquidity grab near 4680 area.
🔹 Key Support: 4440 – 4480
🔹 Resistance Zone: 4560 – 4740
🔹 Bias: Bearish until strong bullish breakout
Possible scenario:
Price may retest support area first, then a corrective move toward resistance before next major direction. Smart money already showed rejection from premium zone. ⚡
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