🟡 Gold Tests Key Resistance – What’s Next?

Timeframe: H4 | Price: ~$4104 per ounce

Gold prices are testing a key resistance zone around $4,110 per ounce. Read this detailed H4 technical analysis of XAU/USD with potential entry points, take-profit, and stop-loss levels.

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📊 Market Overview

Gold (CFD) continues its upward momentum after breaking out from a short consolidation phase around the $3,980–$4,020 range. The metal is now approaching a crucial resistance level at $4,110–$4,120, where traders may see either a breakout continuation or a short-term pullback.

The short-term trend remains bullish, supported by steady buying pressure and global market uncertainty driving demand for safe-haven assets.

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⚙️ Key Technical Levels

• Short-term trend: Bullish
• Immediate resistance: $4,110–$4,120
• Next resistance: $4,150–$4,170
• Immediate support: $4,060–$4,040
• Stronger support: $4,000

After a strong series of green candles, some minor consolidation or correction would be natural before another potential leg higher.

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🎯 Educational Trading Scenarios

Disclaimer: The following setups are for educational and analytical purposes only. This is not financial advice or an investment recommendation.

🟢 Bullish Scenario (BUY)

• Entry: $4,105–$4,110 (after confirmed breakout)
• Take Profit (TP):
  • Target 1: $4,145–$4,150
  • Target 2: $4,170–$4,180
• Stop Loss (SL):
  • Conservative: $4,065–$4,070
  • Wider alternative: $4,035–$4,040

🔴 Bearish Scenario (SELL)

• Entry: If price rejects $4,110–$4,120 and forms a bearish candle
• Take Profit (TP):
  • Target 1: $4,060
  • Target 2: $4,035–$4,040
• Stop Loss (SL): $4,125–$4,130

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🛡️ Risk Management & Context

Trading gold can be volatile, especially around macroeconomic events such as U.S. inflation data, Federal Reserve meetings, or geopolitical tensions.
Traders should manage risk carefully — risking no more than 1–2% of total capital per trade is generally considered a prudent approach.

It’s also advisable to monitor higher timeframes (such as the Daily chart) for confirmation of the prevailing trend before entering a trade.

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🧭 Summary

Gold is trading near a key resistance zone at $4,110.
A confirmed breakout above this level could open the path toward $4,150–$4,170, while a rejection might lead to a short-term pullback toward $4,060–$4,040.

The next few H4 candles may be decisive in determining the short-term direction of XAU/USD.
Patience and discipline remain key — let the chart confirm the move before taking any position.

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Author’s note:
This analysis is intended for educational use only. Always conduct your own research and consult a licensed financial advisor before making trading decisions.