GOLD 4H
📊 **GOLD (XAUUSD) Technical Analysis — 4-Hour Timeframe**
Gold is currently trading at **$4,341.91**, having successfully broken out of the descending channel and cleared the resistance level at **$4,268.02**, shifting the bias to bullish. If the price manages to break through the upcoming resistance levels, it is expected to reach the designated targets sequentially.
---
🎯 **Targets (TP):**
* **TP1:** $4,336.94 (Achieved)
* **TP2:** $4,380.02
* **TP3:** $4,517.76
🛑 **Stop Loss (SL):**
* **SL:** $4,219.06
---
🚧 **Key Resistance Levels:**
1. **$4,380.02**
2. **$4,423.58**
3. **$4,433.43**
4. **$4,517.76**
5. **$4,596.61**
🛡 **Key Support Levels:**
1. **$4,336.94**
2. **$4,268.02**
3. **$4,263.77**
4. **$4,202.54**
5. **$4,189.40**
---
*Technical Analyst: Amirhassan Salek*