XAUUSD H4 – Technical Analysis 📊
Gold is trading near 4296, holding the lower support area around 4250–4128. The H4 structure shows a descending channel, with price approaching a potential reversal zone.
🔹 Bullish scenario: Hold above 4250 → targets 4415 → 4482 → 4566.
🔹 Bearish scenario: Break below 4250 → next support around 4128.
Key level: 4250–4295.
Wait for confirmation before entering a trade.
Disclaimer: Technical analysis is for educational purposes only, not financial advice.
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