XAUUSD H4 ANALYSIS

📊 XAUUSD H4 – Technical Analysis

Bias: Bullish 📈

Gold has broken above the rising channel and is holding near 4490, indicating continued buying pressure.

🔹 Resistance: 4520–4560

🔹 Support: 4400–4420

🔹 Bullish Scenario: Sustained breakout above 4520 could target 4560.

🔹 Bearish Risk: Failure to hold 4400 may trigger a deeper correction toward 4240.

Plan: Wait for breakout/retest confirmation before entering. Manage risk carefully. ⚠️

Educational analysis only — not financial advice.