XAUUSD H1 Analysis 📊
Gold is reacting from a strong support zone after a clear downtrend. Price is now testing the descending trendline resistance around 4710–4720.
A successful breakout and retest could push the market toward the 4780–4820 supply zone. Failure to break above may continue bearish pressure toward 4480 support again.
🔹 Bias: Bullish above trendline
🔹 Key Resistance: 4780 – 4820
🔹 Key Support: 4480
🔹 Watch for breakout confirmation before entry.
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