XAUUSD Hourly Analysis: Gold Holds Above $4,100 as Dollar Stays Soft

- Price: XAU/USD near $4,125, day range $4,058–$4,147.

- Trend: Bullish bias — holding above $4,100 after Wednesday's sharp rally.

- Support: $4,100 / $4,085

- Resistance: $4,135 / $4,147

- Fundamental driver: Weaker US dollar and lower Treasury yields after the US midterm results; Friday's US jobs report is the next test.

- Geopolitical driver: Hopes of US–Iran talks and a possible curb on military funding have eased tensions, while softer oil cools inflation worries.

- Outlook: Bullish while above $4,100, but choppy trading likely ahead of Friday's payrolls.

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Disclaimer: This analysis is for education and information only, not financial advice.

@Mr_Charlie_007