xauusd h4 analysis

XAUUSD H4 Analysis 📊

Price respected the bearish trendline and rejected from resistance zone. Currently moving inside a strong bearish structure after liquidity grab near 4680 area.

🔹 Key Support: 4440 – 4480

🔹 Resistance Zone: 4560 – 4740

🔹 Bias: Bearish until strong bullish breakout

Possible scenario:

Price may retest support area first, then a corrective move toward resistance before next major direction. Smart money already showed rejection from premium zone. ⚡

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