xauusd h4 analysis

XAUUSD H4 Analysis

Gold remains under bearish pressure after breaking below key Fibonacci support. Price is currently testing the 3929–4000 demand zone, where a potential liquidity sweep could trigger a strong reversal.

📉 Bearish scenario: A confirmed break below 3929 may extend the decline.

📈 Bullish scenario: Holding above current support could fuel a recovery toward 4327, with an extended target near 4574 (1.618 Fib level).

Key Levels:

Support: 3929

Resistance: 4327

Bullish Target: 4574

Watch for bullish confirmation before considering long positions. Risk management remains essential.