XAUUSD H4 — Bullish Breakout Setup | Gold Long Scenario

XAUUSD H4 — Bullish Breakout Setup | Gold Long Scenario

XAUUSD H4 – Bullish Setup 📈 Gold is approaching a key support area around 4320–4350 while testing the descending trendline. 🔹 Bias: Bullish above 4320 🔹 Support: 4320–4350 🔹 Resistance: 4590–4620 🔹 Upside Target: 4590, followed by 4620 🔹 Confirmation: H4 candle close above the descending trendline 🔹 Invalidation: H4 close below 4320 A confirmed breakout of the descending trendline could open the way toward the upper resistance zone. If price fails to break the trendline and loses 4320, the bullish scenario should be reconsidered. Wait for confirmation and use proper risk management. This is a technical market analysis, not a guaranteed result.

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