GOLD – 1H Analysis
• Price is holding above the minor support block near 4200–4208, aligned with the 100 EMA, keeping short-term bullish sentiment intact.
• If price respects this support and forms a bullish rejection, we can see continuation toward the 4250 resistance zone, which has been repeatedly tested earlier.
• A clean break below the support + 100 EMA may trigger a deeper pullback toward the 4165–4175 demand zone before buyers re-enter.
Bias: Bullish above support – Bearish only on a confirmed breakdown.
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