XAUUSD H4 ANALYSIS

📊 XAUUSD H4 Analysis – Gold

Gold is showing bullish recovery and is approaching a key resistance zone around 4200–4240, where the descending trendline may act as a barrier.

🔹 Resistance: 4200–4240 | 4320 | 4400

🔹 Support: 4160 | 4120 | 4080

🔹 Bullish Scenario: A confirmed breakout above 4240 could open the way toward 4320.

🔹 Bearish Scenario: Rejection near resistance may push price back toward 4160–4120.

📌 Key Focus: Watch for an H4 candle close above resistance to confirm bullish momentum.

⚠️ Disclaimer: Educational analysis only. Trade responsibly with proper risk management.