XAUUSD 4H — BULLISH REVERSAL SETUP GoldOANDA:XAUUSDFrankAgboGold is approaching a major 4H support zone after an extended decline. Price is currently around 4,298, sitting near an important horizontal support area. The setup I'm watching is a potential bounce from support followed by a move back toward the upper resistance/trendline. 📌 Trade Idea — LONG Entry: 4,299.773 Stop Loss: 4,233.166 Take Profit: 4,439.586 Risk/Reward: Approximately 1:2.1 Why I'm watching this area 🔹 4H support: Price is testing a previously respected support region. 🔹 Oversold structure: The market has experienced a significant decline from the 4,600+ region, making this an important area to watch for a reaction. 🔹 Multiple confluences: Horizontal support + broader trendline structure provide a potential reversal zone. 🔹 Upside resistance: The 4,439–4,470 region is an important resistance area and could become the next major target if buyers regain control. Confirmation I would like to see: Support holds → bullish rejection → break above nearby resistance → retest → continuation higher. If price breaks decisively below 4,233, the bullish setup is invalidated. ⚠️ Risk management is important. A support zone is not a guarantee of reversal. Wait for confirmation rather than blindly entering at the level. XAUUSD is now at a critical 4H decision zone. Will buyers defend this support and send Gold back toward 4,440?