XAUUSD H1: Buying Opportunity as the Uptrend Gains StrengthGoldOANDA:XAUUSDAmelia-JonesXAUUSD has completed its Wave (4) correction and is now entering Wave (5), indicating that buyers have regained momentum after successfully defending a key support area. The current bullish move is targeting the 4,140 resistance level, a zone that has repeatedly attracted selling pressure in the past. If buying momentum continues, XAUUSD could retest the 4,140 level in the short term. A decisive breakout and close above this resistance may pave the way for further upside, confirming that Wave (5) is extending. Trading Plan: Consider BUY positions if the price holds above the recent support zone and a clear bullish confirmation signal appears. The bullish scenario will be invalidated if XAUUSD breaks below the Wave (4) low, as this would invalidate the current bullish structure. Disclaimer: This analysis reflects personal views only and should not be considered financial or investment advice. Please conduct your own analysis and make trading decisions based on your own risk management strategy.