XAU/USD | Gold Invalidates The Bearish Scenario & Reclaims $4100

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XAU/USD | Gold Invalidates The Bearish Scenario & Reclaims $4100GoldOANDA:XAUUSDArmanShabanTradingBy analyzing the #Gold chart on the 2H timeframe, we can see that after the previous update, price started to move higher and the bearish continuation scenario was invalidated. The market reacted strongly following Kevin Warsh’s hawkish remarks, the decision to keep interest rates unchanged, and today’s U.S. GDP and PCE data. Together, these developments supported Gold and pushed price toward higher levels. Currently, Gold is trading around $4113. If buying pressure continues and price manages to stabilize above the key $4100 level over the next four hours, the probability of another bullish move will increase. The next short-term upside targets to monitor are $4120, followed by $4130 and then $4140. For now, the reaction around $4100 remains the main confirmation for this bullish scenario. This analysis will be updated as the market evolves. Please support me with your likes and comments to motivate me to share more analysis with you and share your opinion about the possible trend of this chart with me ! Best Regards , Arman Shaban