BTC $64,988.00 ▲ 1.13% ETH $1,916.58 ▲ 1.02% USDT $0.9995 ▲ 0.03% BNB $592.86 ▼ 0.01% XRP $1.04 ▲ 1.49% SOL $74.47 ▲ 2.63% DOGE $0.0702 ▲ 1.65% SHIB $0.00000464 ▼ 0.63% PEPE $0.00000286 ▲ 2.20% BTC $64,988.00 ▲ 1.13% ETH $1,916.58 ▲ 1.02% USDT $0.9995 ▲ 0.03% BNB $592.86 ▼ 0.01% XRP $1.04 ▲ 1.49% SOL $74.47 ▲ 2.63% DOGE $0.0702 ▲ 1.65% SHIB $0.00000464 ▼ 0.63% PEPE $0.00000286 ▲ 2.20%
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Piyasa

XAUUSD H1: Retest Could Trigger a New Bullish Wave

XAUUSD H1: Retest Could Trigger a New Bullish Wave

Gold OANDA:XAUUSD

XAUUSD continues to maintain its bullish structure on the H1 timeframe after breaking above the 4,285–4,300 resistance zone. Price is currently pulling back slightly from the 4,360 area but remains above both the breakout zone and EMA34, suggesting that buyers have not yet lost control.

The key area to watch now is 4,285–4,300, which could potentially flip into support. If price returns to retest this zone and shows a positive buying reaction, I expect XAUUSD to regain momentum, first revisiting the recent high around 4,360, before potentially extending toward the rising resistance line above.

The bullish scenario would weaken if price breaks below 4,285 and remains beneath the breakout area. In that case, the correction could deepen toward the EMA89 zone around 4,225–4,230.

This scenario reflects my personal market assessment only. Please make your trading decisions based on your own analysis.

Wishing you successful trading!

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