XAUUSD H4 Analysis
Gold is showing signs of a bullish correction after a strong decline within the descending channel. Price has reacted from key support and is attempting to break higher, targeting the next resistance zone around 4250–4270. A confirmed breakout above resistance could extend the recovery, while failure may keep the broader bearish trend intact.
📈 Bias: Short-term Bullish Correction
🎯 Targets: 4250 → 4270
⚠️ Key Support: 4025–4050
Trade with proper risk management and wait for confirmation before entering positions.
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