XAUUSD H4 ANALYSIS

XAUUSD H4 Analysis

Gold is showing signs of a bullish correction after a strong decline within the descending channel. Price has reacted from key support and is attempting to break higher, targeting the next resistance zone around 4250–4270. A confirmed breakout above resistance could extend the recovery, while failure may keep the broader bearish trend intact.

📈 Bias: Short-term Bullish Correction

🎯 Targets: 4250 → 4270

⚠️ Key Support: 4025–4050

Trade with proper risk management and wait for confirmation before entering positions.