Attempt to entry the TV menu whereas it is occurring. If the TV menu just isn’t impacted, however the display screen picture is flickering, then it is doubtless the enter (Xbox). If the menu can be doing the flickering then it is doubtless the TV.
I had an analogous situation with a Vizio and the TV menus have been additionally flickering when it occurred. Restore technician stated it was a panel situation in my case. There was nothing improper with my consoles.
Additionally, attempt every HDMI enter on the TV, and take a look at connecting the Xbox to a distinct TV. If attainable, attempt connecting a distinct enter system to your present TV (cable field, PS5, laptop computer, something with HDMI output) to check different inputs.