XAUUSD | GOLD 4H – Bullish Reversal Scenario | Fibonacci AnalysiXAU/USD Spot - GoldFX:XAUUSDDaryaForouzeshGold is showing early signs of a potential bullish reversal after a strong recovery from the recent lows. On the 4H timeframe, price has broken away from the previous bearish structure and is now trading around 4,121, approaching an important Fibonacci resistance zone. 🔍 Key Technical Levels Support Zones: 4,107 – Fibonacci 0.786 4,078 – Fibonacci 0.618 4,056 – Fibonacci 0.50 4,034 – Fibonacci 0.382 4,008 – Fibonacci 0.236 4,000 – Major horizontal support 3,965 – Critical structural support Resistance & Upside Targets: 4,146 – Previous swing high 4,258 – Fibonacci 1.618 extension 4,443 – Fibonacci 2.618 extension 📈 My Bullish Scenario My expectation is that Gold may experience a corrective pullback toward the 4,000–4,008 support zone before attempting another bullish expansion. If buyers successfully defend this area, the next potential targets are: 4,258 – First major upside target. 4,443 – Second major target. A potential continuation beyond 4,443 if bullish momentum remains strong. At each major resistance level, I will be watching for a possible short-term correction before the next upward move. ⚠️ What Could Invalidate This Scenario? A sustained break below 4,000 would weaken the immediate bullish outlook. A decisive breakdown below 3,965 would invalidate the current bullish reversal structure and require a reassessment of the analysis. 🎯 Final Thoughts I am watching the 4,000 support zone very closely. The key is not simply predicting the next move, but waiting for price confirmation at important Fibonacci levels. Let the market confirm the direction. Don't chase the move. This is a technical analysis scenario, not a guaranteed prediction or financial advice. #XAUUSD #GOLD #GoldAnalysis #TechnicalAnalysis #Fibonacci #PriceAction #TradingStrategy