XAUUSD H4 ANALYSIS

📊 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.