XAUUSD TODAY — 1H & 15M CHART ANALYSIS 📊🔥
Gold is trading around 4,360–4,365, with price testing an important resistance area while the 15M chart shows a descending trendline breakout/retest structure. Current spot gold is around $4,363, keeping the chart levels close to the setup shown here.
🔴 KEY RESISTANCE
• 4,365–4,370 — Immediate resistance
• 4,395–4,400 — Major resistance
🟢 KEY SUPPORT
• 4,325–4,335 — Immediate support
• 4,300–4,305 — Strong support
• 4,260–4,270 — Major demand
📈 BULLISH SCENARIO
If price breaks and holds above 4,370, the next major area to watch is:
🎯 4,395–4,400
A clean breakout above 4,400 could open the way for further upside.
📉 BEARISH SCENARIO
If 4,365–4,370 rejects price and the trendline retest fails, watch for a move toward:
🎯 4,325–4,335
🎯 4,300–4,305
🔥 KEY DECISION ZONE: 4,350–4,370
Wait for candle confirmation around the key zones and manage risk carefully.
TradingBulls 🐂 | Technical Analysis Only
#XAUUSD #GOLD
$XAU
Gold is trading around 4,360–4,365, with price testing an important resistance area while the 15M chart shows a descending trendline breakout/retest structure. Current spot gold is around $4,363, keeping the chart levels close to the setup shown here.
🔴 KEY RESISTANCE
• 4,365–4,370 — Immediate resistance
• 4,395–4,400 — Major resistance
🟢 KEY SUPPORT
• 4,325–4,335 — Immediate support
• 4,300–4,305 — Strong support
• 4,260–4,270 — Major demand
📈 BULLISH SCENARIO
If price breaks and holds above 4,370, the next major area to watch is:
🎯 4,395–4,400
A clean breakout above 4,400 could open the way for further upside.
📉 BEARISH SCENARIO
If 4,365–4,370 rejects price and the trendline retest fails, watch for a move toward:
🎯 4,325–4,335
🎯 4,300–4,305
🔥 KEY DECISION ZONE: 4,350–4,370
Wait for candle confirmation around the key zones and manage risk carefully.
TradingBulls 🐂 | Technical Analysis Only
#XAUUSD #GOLD
$XAU
