Is 4,380 the Next Target?
XAU/USD 4H Analysis
XAU/USD has delivered a strong bullish breakout, reclaiming the 4,220 resistance zone and confirming buyers are back in control. Price is also trading above the rising trendline, reinforcing the current bullish structure.
The 4,220–4,200 area is now the first support to watch. As long as this zone holds, the path of least resistance remains to the upside. A healthy pullback into this area could offer buyers another opportunity before the next leg higher.
The next major objective is the 4,360–4,380 supply zone, where sellers may become active. A decisive break above that zone would strengthen the longer-term bullish outlook and expose even higher levels.
Key Levels
Support: 4,220–4,200
Resistance: 4,360–4,380 (Supply Zone)
Bias: Bullish 📈
Disclaimer: This analysis is for educational purposes only and is not financial advice. Always wait for confirmation and use proper risk management.