📊 XAUUSD H4 Analysis – Gold vs US Dollar
Gold is attempting a bullish recovery near 4193 after consolidating around key support. Price is approaching the descending trendline, making the next breakout important.
🔹 Resistance: 4200–4220 | 4270–4280
🔹 Support: 4150 | 4100–4070
🔹 Bullish Scenario: A confirmed breakout above the trendline could push price toward 4220 and then 4270.
🔹 Bearish Scenario: Rejection may lead to a pullback toward 4150 and 4100.
📌 Key Focus: Wait for H4 breakout confirmation before considering a bullish continuation.
⚠️ Disclaimer: Educational analysis only. Always use proper risk management.
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