๐ XAUUSD H4 Analysis โ Gold
Gold is showing bullish recovery and is approaching a key resistance zone around 4200โ4240, where the descending trendline may act as a barrier.
๐น Resistance: 4200โ4240 | 4320 | 4400
๐น Support: 4160 | 4120 | 4080
๐น Bullish Scenario: A confirmed breakout above 4240 could open the way toward 4320.
๐น Bearish Scenario: Rejection near resistance may push price back toward 4160โ4120.
๐ Key Focus: Watch for an H4 candle close above resistance to confirm bullish momentum.
โ ๏ธ Disclaimer: Educational analysis only. Trade responsibly with proper risk management.
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