XAUUSD H4 ANALYSIS

XAUUSD — H4 TradingView Style Analysis

Market Bias: 🟢 Bullish after breakout confirmation

Chart Structure:

Price has made a strong drop from the 4230–4320 resistance area and is now consolidating around 4135–4150. The chart shows a potential bullish reversal/accumulation zone with rising short-term momentum.

🔑 Key Levels

🔴 Resistance: 4225–4235

🔴 Major Resistance: 4280–4320

🟢 Support: 4130–4140

🟢 Strong Support: 4100–4115

🟢 BUY Setup

Entry: 4135–4150, only after bullish confirmation

TP1: 4180

TP2: 4225–4235

TP3: 4280–4320

SL: Below 4100

Confirmation: A strong H4 candle closing above 4150, followed by a break of 4230, would strengthen the bullish setup.

🔴 SELL Scenario

If price breaks and closes below 4100 on H4, the bullish setup becomes invalid and further downside could develop.