GOLD H1 Chart Update for 4rd july 2026

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GOLD H1 Chart Update for 4rd july 2026Gold / U.S. DollarFOREXCOM:XAUUSDforexmoneyaπŸ“ˆ XAUUSD (Gold) 1H Analysis | Testing Major SBR Resistance Gold has delivered a strong bullish impulse from the 4,012–4,030 demand zone, confirming that buyers remain active after defending a key support area. The market has now reached the 4,142 SBR Structure Shifting Zone, where price is facing its first major resistance. The recent rejection from this zone, combined with a developing RSI bearish divergence, suggests that bullish momentum is beginning to slow. However, the overall intraday structure remains constructive as long as price continues to hold above the 4,100 RBS (Resistance Becomes Support) Structure Shifting Zone. A confirmed hourly close above 4,142 would signal a bullish continuation toward the next higher-timeframe SBR zone around 4,225. Conversely, failure to break this resistance could trigger a healthy pullback toward the 4,030–4,012 demand zone, where buyers may look to re-enter the market. πŸ”‘ Key Levels 🟒 Support Zones 4,100 – RBS Structure Shifting Zone 4,030 – 4,012 – Intraday Demand Zone πŸ”΄ Resistance Zones 4,142 – Immediate SBR Structure Shifting Zone 4,225 – Higher Timeframe SBR Target πŸ“Š Technical Outlook βœ… Strong bullish impulse from demand βœ… Price testing a major SBR resistance βœ… RSI Bearish Divergence indicating weakening momentum βœ… RBS support remains the key level for buyers βœ… Breakout above 4,142 could accelerate bullish continuation toward 4,225 πŸ“Œ Trading Plan Bullish Scenario Wait for a confirmed H1 candle close above 4,142 before targeting 4,225. Bearish Scenario If price is rejected from the SBR zone and loses 4,100, a pullback toward 4,030–4,012 becomes the higher-probability scenario. ⚠️ Disclaimer: This analysis is for educational purposes only and should not be considered financial advice. Always wait for price action confirmation and apply proper risk management before entering any trade.