XAUUSD H4 | Bullish Momentum?

The XAU/USD chart indicates a bullish trend, with potential for a brief decline to the 1st support at 1915.89 before rising to the 1st resistance at 1934.40. The 1st and 2nd supports, at 1915.89 and 1903.38 respectively, are both overlap supports, denoting their importance. In terms of resistance, both the 1st at 1934.40 and the 2nd at 1945.96 are overlap resistances, reinforcing their significance. The overall momentum remains bullish.The material has been provided by InstaForex Company - www.instaforex.com
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