XAUUSD H4 Analysis
Gold is recovering from a key demand zone and holding above the 0.786 Fibonacci level, signaling improving bullish momentum. A sustained move above 4100 could open the way toward the next resistance, while holding above support keeps the bullish structure intact.
📈 Bias: Bullish
🎯 Targets: 4165 → 4250
⚠️ Key Support: 4020–4050
Bllish momentum is building, but wait for a confirmed breakout above resistance before targeting higher levels. Always manage your risk.
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