XAUUSD H4 ANALYSIS

XAUUSD H4 Analysis

Gold is recovering from a key demand zone and holding above the 0.786 Fibonacci level, signaling improving bullish momentum. A sustained move above 4100 could open the way toward the next resistance, while holding above support keeps the bullish structure intact.

📈 Bias: Bullish

🎯 Targets: 4165 → 4250

⚠️ Key Support: 4020–4050

Bllish momentum is building, but wait for a confirmed breakout above resistance before targeting higher levels. Always manage your risk.