XAUUSD H4 โ€” Bullish Breakout Setup | Gold Long Scenario

XAUUSD H4 โ€” Bullish Breakout Setup | Gold Long Scenario

XAUUSD H4 โ€“ Bullish Setup ๐Ÿ“ˆ Gold is approaching a key support area around 4320โ€“4350 while testing the descending trendline. ๐Ÿ”น Bias: Bullish above 4320 ๐Ÿ”น Support: 4320โ€“4350 ๐Ÿ”น Resistance: 4590โ€“4620 ๐Ÿ”น Upside Target: 4590, followed by 4620 ๐Ÿ”น Confirmation: H4 candle close above the descending trendline ๐Ÿ”น Invalidation: H4 close below 4320 A confirmed breakout of the descending trendline could open the way toward the upper resistance zone. If price fails to break the trendline and loses 4320, the bullish scenario should be reconsidered. Wait for confirmation and use proper risk management. This is a technical market analysis, not a guaranteed result.

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