XAUUSD 1H: Gold's Final Drive Towards 4000Gold / U.S. DollarFOREXCOM:XAUUSDManiMarketsXAUUSD 1H: Gold's Final Drive Towards 4000 Dominant Bullish Channel: Gold (XAUUSD) maintains a formidable bullish posture on the 1-hour timeframe, firmly entrenched within a well-defined ascending channel, consistently printing higher highs and higher lows. This structure indicates strong underlying buying pressure. Immediate Target & Current Consolidation: The primary objective for bulls remains the crucial 4000 Current Target, a significant psychological and technical level aligned with the upper boundary of our channel. Price is currently consolidating near the 3925 mark, forming a potential short-term flag or pause before the next leg up. Critical Support to Hold: To sustain this momentum and reach 4000, XAUUSD must decisively hold above the Immediate Support at 3900. This level represents a critical confluence of previous resistance-turned-support and the dynamic lower trendline of the ascending channel. Contingency & Deeper Supports: Should 3900 fail to hold, a deeper correction could find "Good Support" at 3800 and subsequently "Key Support" at 3700. However, as long as price respects the channel and 3900, the path of least resistance remains to the upside for the 4000 target. Disclaimer: The information provided in this chart is for educational and informational purposes only and should not be considered as investment advice. Trading and investing involve substantial risk and are not suitable for every investor. You should carefully consider your financial situation and consult with a financial advisor before making any investment decisions. The creator of this chart does not guarantee any specific outcome or profit and is not responsible for any losses incurred as a result of using this information. Past performance is not indicative of future results. Use this information at your own risk. This chart has been created for my own improvement in Trading and Investment Analysis. Please do your own analysis before any investments.