XAUUSD: Buyers await a retest before extending toward 4,250

XAUUSD is undergoing a minor correction following a strong rebound from its early-July lows. Notably, the price remains above the dashed uptrend line and has not broken the current recovery structure.

The 4,124–4,130 zone on the chart is acting as a key support level. If the price pulls back to this area and shows a clear bullish reaction, it would serve as a strong trigger for a continued upward move. The immediate target is 4,250, aligning with the green resistance zone above.

Entry Focus: Wait for a pullback to the 4,124–4,130 range followed by a bullish confirmation candle.
Invalidation: A drop below 4,100 would weaken the bullish scenario.