XAUUSD LONG · COMMODITIES

XAU/USD on the H4 chart has posted a strong impulsive rally from the 4,155–4,167 support zone, clearing the 0.382 Fibonacci retracement at 4,304 with price now consolidating just below the 0.5 level at 4,416. The current pullback toward the 4,388–4,351 area represents a potential retest of prior resistance flipping to support following the breakout. The next meaningful resistance sits at the 0.618 Fibonacci extension of 4,527, while a sustained break below 4,351 would compromise the near-term bullish structure.