GOLD (XAU/USD) | 4H Technical Analysis

Gold is showing signs of a potential breakout from its descending trendline, indicating that bullish momentum may be building.

Buy Zone: 4300

If buyers successfully defend this level and price confirms the breakout, the market could continue its upward movement toward the following technical resistance levels:

Target 1: 4364 (Key Resistance)
Target 2: 4428
Target 3: 4504

Market View:

- Bullish bias above 4300.
- Trendline breakout suggests a possible shift in market structure.
- Wait for strong bullish confirmation and proper risk management before entering.

Disclaimer: This analysis is based on the 4-hour timeframe and is for educational purposes only. Always manage your risk and wait for confirmation before taking any trade.