xauusd h4 analysis
Price is respecting a rising trendline, showing steady bullish structure. Currently testing a key resistance zone after breaking above short-term consolidation. A confirmed breakout above the highlighted supply zone could open the path for further upside continuation. However, failure to hold above the trendline may lead to a pullback toward the support area below. Bias: Bullish above trendline Key Levels: Resistance: Upper zone Support: Trendline + demand zone Watch for breakout confirmation or rejection before entry
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