📊 XAUUSD Daily Breakout Analysis — 4 Sep 2026

📊 XAUUSD Daily Breakout Analysis — 4 Sep 2026
Continuing from yesterday's update — gold was retesting the $4,424–$4,456 pause zone from below after reclaiming $4,300–$4,395. That test resolved higher: price broke cleanly through, pushed as far as $4,510.70, and has settled at $4,478.76 — comfortably inside new territory above the old pause zone.

Price: $4,478.76 | Timeframe: H4

Key Levels
🔴 Resistance: $4,700 — high was $4,688.90, capped the 24–25 Aug rally
🟡 Resistance: $4,565–$4,630 — broken pivot shelf, next test above
🟢 Support: $4,424–$4,456 — reclaimed, cleared cleanly this week
🟢 Support: $4,300–$4,395 — deeper support (1–2 Sep test zone)

Setup
The retest we flagged yesterday resolved in the bulls' favor — a clean break rather than another rejection. The $4,565–$4,630 shelf is the next real test; that's the zone that capped the last recovery attempt before the sharp selloff on 28 Aug, so how price handles it will say a lot about whether this recovery has legs.

Breakout / Recovery Scenario
Trigger: Reclaim and close above $4,565
Target: $4,630 → $4,700
Invalidation: Close back below $4,456

Breakdown Scenario
Trigger: Confirmed H4 close below $4,424
Target: $4,395 → $4,300
Invalidation: Reclaim above $4,456

Technical analysis for educational purposes only. Not financial advice. Chart: user's own H4 XAUUSD terminal.