$XAU

🔴 Current Trend

The price was recently strongly rejected at the range of 4.245 – 4.250 (the latest peak).

It then dropped to 4.210 – 4.215 → creating a long red candle.

Currently, it is moving sideways around 4.213, with buying and selling forces balanced.

→ This is a sign of a pullback after a strong rise. If the selling pressure does not continue, the price may recover.

🔴 Important Price Levels

Resistance

- 4.225 – 4.230: technical retracement zone

- 4.245 – 4.250: the latest peak, strong resistance

Support

- 4.210: short-term support (the price is testing)

- 4.200 – 4.203: strong support from the previous sideways range

- 4.185 – 4.190: deeper support

🔴 SCENARIO IN THE NEXT 4 HOURS

🔥Scenario 1: Price bounces from 4.210 (higher likelihood)

Signs:

Inverted candle around 4.210

Slightly increased volume on the buy side

If it holds the 4.210 zone → the price may retrace:

Level 1: 4.225

Level 2: 4.235

Level 3: 4.245 (strong resistance)

Reason: the price structure is in a corrective phase in a short-term uptrend.

🔥 Scenario 2: Price breaks below 4.210 and closes below 4.205

→ Confirming further decline.

Next targets:

4.200

4.190

4.185

Reason: selling pressure after the rejection at 4.250 is still present, the goal is to return to the lower support zone to “accumulate again”.

✅ 4. Suggested PRICE LEVELS FOR REFERENCE (not a trading recommendation)

🎁 LONG PLAN: – according to the retracement trend

Entry: 4.23 – 4.24

Tp: 4.35

Stl: 4.05

⭐ SHORT CONCLUSION

In the next 4 hours:

Neutral – slightly leaning towards a retracement, if 4.35 is not broken.