XAUUSD H1 Analysis
Gold remains under bearish pressure after failing to hold above the Fibonacci resistance zone. Price is now retesting a key support area around 4020. A break below support could extend the downside, while a strong bounce may trigger a corrective recovery.
📉 Bias: Bearish
🎯 Targets: 4020 → 3980
⚠️ Key Resistance: 4055–4105
Watch for confirmation at support before entering. Proper risk management is essential.
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