https://www.myfxbook.com/forex-charts/XAUUSD,H1/312567


Gold has recovered from the 4073 support area but the rebound is facing resistance near 4145-4162. The overall structure remains bearish below the descending trendline. A rejection could push gold toward 4128, 4110 and 4073 while a sustained breakout above 4162 may open the way toward 4180-4200.


Watch for a clear rejection or confirmed breakout before entering.


Trade Plan - Sell SetupSell Zone: 4159-4174Sell Trigger: H1-H4 bearish rejection, bearish engulfing or failure to hold above 4159–4174.Targets: 4132, 4120, 4110, 4067Extended Target: 4050, 4025, 4000Invalidation: H4 close above 4217-4227. A sustained breakout could open the way toward 4250 and 4274.


Trade Plan - Buy SetupBuy Zone: 4110-4132Buy Trigger: H1-H4 bullish rejection, bullish engulfing or a successful retest of 4110–4132 as support.Targets: 4149, 4159, 4174, 4217Extended Target: 4227, 4274, 4310Invalidation: H4 close below 4067. A sustained breakdown could expose 4050, 4025 and 4000.


Key Levels to Watch:- Resistance: 4145-4162, 4175, 4200-4216- Support: 4128-4110, 4073, 4055-4060, 4019


Trade with Patience, Manage Risk, Stay Consistent