xauusd h4 analysis

Price is respecting a rising trendline, showing steady bullish structure. Currently testing a key resistance zone after breaking above short-term consolidation.

A confirmed breakout above the highlighted supply zone could open the path for further upside continuation. However, failure to hold above the trendline may lead to a pullback toward the support area below.

Bias: Bullish above trendline

Key Levels:

Resistance: Upper zone

Support: Trendline + demand zone

Watch for breakout confirmation or rejection before entry.