XAUUSD 1H | Resistance Retest vs Bullish Breakout

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XAUUSD 1H | Resistance Retest vs Bullish BreakoutGoldOANDA:XAUUSDTrade_StrategiesMarket Structure Gold is currently testing a major 1H resistance/supply zone around 4,435–4,465 after recovering strongly from the 4,280–4,300 1H Order Block. The previous bearish channel has been challenged, so price is now at an important decision area. ⏳ 🟢 Bullish Scenario A strong 1H close above 4,465 followed by a successful retest could indicate that resistance has been reclaimed. 🔓 🎯 Potential upside areas: 4,600 4,680 🔴 Bearish Scenario If price gets rejected from the 4,435–4,465 resistance zone and forms a lower high/reversal structure, downside pressure could return. ⚠️ 🎯 Potential downside areas: 4,320 4,280–4,300 1H OB 🔑 Key Levels 🟥 Resistance: 4,435–4,465 🟢 Breakout confirmation: Above 4,465 🎯 Upside: 4,600 → 4,680 🔻 First downside: 4,320 🔵 Major support / 1H OB: 4,280–4,300 🧠 SMC + Price Action The 1H Order Block remains an important demand area, while the current resistance zone is the key area to watch for either liquidity rejection or breakout + retest confirmation. ⚖️ Bias: Neutral-to-bullish while the 1H OB holds, but confirmation is preferred before considering continuation. 📌 This is a technical-analysis scenario for educational purposes only. Price can move in either direction, so proper risk management is essential.