🔰 If gold rebounds to the 4070–4080 zone but fails to break above, consider light short positions, with a stop loss above 4090 and targets at 4045–4025.
🔰 If the price pulls back to the 4025–4030 area and stabilizes, consider short-term long positions targeting 4050–4060.
✅ The medium-term trend remains bearish. Unless the price firmly holds above 4115–4120, the overall strategy should still focus on selling the rallies. tradingview.com/x/kkWUCpmE/
XAUUSD As I mentioned earlier, a daily inside candle has formed, and the bias is negative — it may break the previous day’s low (check the previous post). Now, gold has taken support from the 1-hour order block. From here, it may move up to tap the remaining upper order blocks. There is a 30-minute order block at 4127 — if that breaks, the next target is the 1-hour order block at 4167. This is the possible target range.