XAUUSD - H4 Market Structure Key Levels

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XAUUSD - H4 Market Structure Key LevelsXAU/USD Spot - GoldFX:XAUUSDProfessional-FxGold is currently trading around a key decision area after a strong recovery from the lower support region. 🔹 Resistance Zone: 4,680–4,700 🔹 Near-term Support: 4,375–4,395 🔹 Major Support: 4,275–4,300 🔹 Market Structure: Short-term corrective/downtrend structure is visible, with price approaching the descending trendline. 🔎 Scenario 1 — Bullish Confirmation If price breaks and closes above the descending trendline, followed by a successful retest, the next area of interest could be the 4,480 → 4,520 → 4,680 region. 🔎 Scenario 2 — Bearish Confirmation If price rejects the current area and breaks below 4,375, the next important zone to monitor is around 4,300–4,275.