#XAUUSD
4H Chart Technical Analysis 📶
#GOLD
The market is entering a "neutral to bullish" phase, with direction depending on a key price level: $4800.
Scenario A (Bullish): A break above $4800 would maintain upward momentum. We expect prices to rise to $4860 and $4950.
Scenario B (Consolidation): A break below $4800 would see the market re-enter a trading range. In this scenario, we expect support near the $4750-$4700 low.
Buying opportunities may arise in the $4770-$4790 range, noting that $4750 is also a key entry point. 📈
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