The H1 chart of XAUUSD (spot gold) displays a key support breakout at 4000.22, with price rebounding strongly from this level. Recent bullish momentum is evident as the last three candles close above 4000.22, forming a higher low pattern. The volume spike in the final candle (20604) confirms heightened buying interest, validating the potential reversal. A series of lower highs and lows previously indicated a downtrend, but the recent closure near the upper end of the recent range suggests a shift in sentiment. The current setup aligns with the formation of a bullish candlestick pattern, with the close at 4010.46…

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