Gold #XAU is currently experiencing a rebound, but it is not yet a confirmed trend reversal.

After a sharp decline, prices have risen due to easing macroeconomic pressure, a cooling USD, and improved market sentiment. However, right now this still leans towards a technical rebound, not enough to conclude that an upward trend has returned.

For this chart, I see 3 key levels:
4400: support zone for the rebound
4450: important reclaim zone
4500: confirmation level to expand higher

If prices can hold the cluster of 4400–4500 and turn it into a foundation, the recovery scenario will look brighter.
Conversely, if it cannot hold, this could easily just be a rebound to sell within a larger downtrend.
In short:
It's not the time for excitement yet. Prices need to prove that the 4400–4500 area is a new foundation, not just a temporary bounce.
#PAXGUSDT #TrumpSaysIranWarHasBeenWon #GOLD

{future}(PAXGUSDT)