📊 XAUUSD H4 Analysis – Gold
Gold is trading near 4178 and facing resistance around the descending trendline. The current structure suggests a possible bearish move if sellers maintain control.
🔴 Bearish Scenario: Rejection near 4200–4210 could push price toward 4140 and then the 4080 support zone.
🟢 Bullish Scenario: A confirmed breakout above 4210 may open the way toward 4250–4260.
🎯 Key Levels
* Resistance: 4200–4210
* Major Resistance: 4250–4260
* Support: 4140
* Major Support: 4070–4080
📌 Market Outlook: Watch for a clear rejection or breakout before entering a trade.
⚠️ Educational analysis only. Trade with proper risk management.
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