XAUUSD H1 ANALYSIS

XAUUSD | H1 Analysis

Gold is trading inside a descending channel and facing strong resistance around 4115–4135. A rejection from this zone could push price toward 4060, while a confirmed breakout above resistance would shift momentum back to the upside.

Bias: 🔴 Bearish below 4135 | Bullish only after a confirmed breakout above resistance.