XAUUSD H4 Analysis ๐
Price respected the bearish trendline and rejected from resistance zone. Currently moving inside a strong bearish structure after liquidity grab near 4680 area.
๐น Key Support: 4440 โ 4480
๐น Resistance Zone: 4560 โ 4740
๐น Bias: Bearish until strong bullish breakout
Possible scenario:
Price may retest support area first, then a corrective move toward resistance before next major direction. Smart money already showed rejection from premium zone. โก
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