Gold prices rebound – awaiting NFP data.GoldOANDA:XAUUSDMoon-ForexAcademy🟡 Gold (XAU/USD) – H1 Technical Analysis Current Price: ~4,474.7 EMA 9: ~4,476.4 EMA 89: ~4,434.7 RSI(14): ~60.7 📈 1. Market Structure Gold has made a strong recovery from the 4,300–4,320 area and is now trading above the EMA 89, indicating that short-term momentum has improved. However, price is approaching a major descending trendline, which has repeatedly acted as resistance. EMA 9 > EMA 89 → short-term bullish momentum. Price remains close to the trendline → breakout confirmation is still needed. RSI around 60 → bullish momentum remains healthy, but the market is approaching a higher-risk resistance area. 🔴 2. Key Resistance 4,475–4,500 This area combines the current price with the descending trendline and previous resistance. ➡️ A confirmed breakout above 4,500 could open the way toward 4,550–4,625. ➡️ Failure to break the trendline could trigger a pullback toward the support zone. 🟢 3. Key Support 4,390–4,410 → immediate support 4,300–4,320 → major support A pullback toward 4,390–4,410 would be technically normal as long as buyers maintain control above the EMA 89. --------------------------- BUY GOLD zone : 4400 - 4398 sl : 4392 TP : 4422 - 4440 - 4477