XAUUSD H1 ANALYSIS

XAUUSD H4 Analysis 📊

Gold is trading near 4138 support after a sharp bearish move. Price is forming a potential reversal from the lower channel boundary.

🔺 A confirmed breakout above the descending trendline could open the way toward 4250–4300.

🔻 A break below 4100–4130 would keep bearish pressure active.

Key levels: Support 4100–4130 | Resistance 4250–4300

Wait for confirmation and manage risk carefully.