XAUUSD | H1 Analysis
Gold remains in a short-term bullish structure after a strong impulse, now pulling back into the Fibonacci retracement zone. Holding above 4050–4045 keeps the bullish outlook intact, with upside targets at 4120 and 4198. A break below support would signal a deeper correction.
Bias: 🟢 Buy the dip while above 4050 | Bullish continuation above 4120.
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