XAUUSD–Range-Bound Structure with Potential Recovery From SupporGoldOANDA:XAUUSDGoldenWave_AnalyticsGold is currently trading near an important support zone around 4424 on the 1-hour timeframe after experiencing a decline from the 4542 resistance area. Price is showing signs of stabilization near support, while remaining within a broader trading range. If buyers continue defending the lower boundary of the range, XAUUSD may attempt a move back toward the resistance region near 4542. At the same time, traders should monitor the support area closely. A sustained move below support could weaken the current recovery structure and shift short-term market sentiment. This analysis is based solely on current price action and key technical levels. Market conditions can change, so confirmation from future price development may be helpful before forming a directional bias. Key Levels Resistance: 4541.62 Support: 4423.78 Outlook: Neutral to cautiously bullish while price remains above support. This publication is for educational and informational purposes only and does not constitute financial advice or a recommendation to buy or sell any financial instrument.