XAU/USD 1H Analysis: Key Supply, Resistance & Demand ZonesGold vs US DollarPEPPERSTONE:XAUUSDGoldTraderOG_Starting from the higher timeframe structure, Gold is currently trading inside a very important price range with multiple key zones above and below the current market price. At the top, we have a major supply zone between 4,692 – 4,710. This is a strong area where sellers may look to defend price if Gold pushes higher. Below that, we have another important supply zone between 4,646 – 4,665. This area can also act as resistance if price starts recovering from the current level. Moving lower, Gold recently tested the 4,575 – 4,584 resistance zone. Price reacted very well from this area and gave a strong rejection, showing that sellers were active and defended that level successfully. From that rejection, we can see a clear bearish trendline forming. This trendline is currently acting as dynamic resistance, meaning Gold still needs to break above it before buyers can gain stronger control. Right now, price is trading near the golden zone between 4,519 – 4,525. This is an important short-term reaction area. If Gold fails to break above this zone, sellers may continue to pressure the market lower. Below the current price, we have a strong 4H support zone between 4,453 – 4,472. This area is very important because it also contains a 1H demand zone between 4,456 – 4,470, giving it strong confluence. Inside the same area, we also have the bullish trendline, which adds another layer of support. This means if Gold drops into this zone, I will be watching closely for a possible bullish reaction. 📌 Key Zones I’m Watching: 🔴 Major Supply: 4,692 – 4,710 🔴 Supply Zone: 4,646 – 4,665 🔴 Resistance Zone: 4,575 – 4,584 🟡 Golden Zone: 4,519 – 4,525 🟢 4H Support: 4,453 – 4,472 🟢 1H Demand: 4,456 – 4,470 📌 Bullish Scenario: If Gold holds above the 4H support and 1H demand zone around 4,453 – 4,472, and we see strong bullish confirmation, price may react higher from this area. 📌 Bearish Scenario: If Gold rejects from the golden zone or stays below the bearish trendline, sellers may continue pushing price lower toward the demand/support area. 📌 Current View: Gold is still in a decision area. The bearish trendline is applying pressure from above, while the bullish trendline and demand zone are supporting price from below.