XAUUSD H4 ANALYSIS

XAUUSD H4 ANALYSIS

๐Ÿ“Š XAUUSD H4 Analysis โ€“ Gold vs US Dollar


Gold is showing bullish momentum after rebounding from the 4080 support zone. Price is approaching a descending trendline and key resistance around 4190โ€“4200.


๐Ÿ”น Resistance: 4200, 4240, 4320

๐Ÿ”น Support: 4160, 4120, 4080

๐Ÿ”น Bullish Scenario: A breakout above 4200 could push price toward 4240 and 4320.

๐Ÿ”น Bearish Scenario: Rejection from resistance may lead to a pullback toward 4160 and 4120.


๐Ÿ“Œ Key Level: Watch for an H4 candle close above the trendline to confirm a potential bullish breakout.


โš ๏ธ Disclaimer: This analysis is for educational purposes only. Trade with proper risk management.

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