XAUUSD H4 ANALYSIS

XAUUSD H4 Analysis

Gold is trading near 4196 after bouncing from the 4100 support zone. Price remains inside a descending channel, but a bullish recovery is developing.

Key levels:

Support: 4100–4120

Resistance: 4300 → 4400

Bullish trigger: Sustained move above 4200–4250

A confirmed breakout above the channel could open the way toward 4300 and 4400. Failure to hold 4100 would invalidate the bullish setup and expose lower levels.

Bias: Neutral-to-Bullish above 4100.

Trade with proper risk management; this is technical analysis, not financial advice.