XAUUSD H1 Analysis
Gold is testing a major resistance zone around 4550-4560 after a strong bullish recovery from support. Price remains inside an ascending structure, but a bearish harmonic completion near resistance suggests a possible rejection.
📌 Key Levels:
Resistance: 4559
Support: 4480 / 4440
🔍 Outlook: A rejection from 4559 could trigger a pullback toward 4480. However, a clean breakout above resistance may extend the bullish move to new highs.
Trade Smart: Watch for confirmation at resistance before entering. #XAUUSD #Gold #Forex #TechnicalAnalysis #MQL5
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