XAUUSD H1 ANALYSIS

XAUUSD Technical Outlook

Price is attempting a bullish breakout from a descending trendline after forming a strong base around the 4300 support zone. Buyers are defending the lower range, and a sustained move above resistance could open the path toward 4400–4450.

Key Levels 🔹 Support: 4300–4280

🔹 Resistance: 4375, 4400, 4450

Market Bias: Bullish above 4300. A confirmed breakout may trigger further upside momentum, while rejection at resistance could lead to short-term consolidation.

Disclaimer: This analysis is for educational purposes only and not financial advice. Always manage risk and use proper confirmation before entering trades.

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