XAUUSD H4: Counterattack from a Key Support ZoneGoldOANDA:XAUUSDLiam_BrooksMarket Overview: After pulling back from the 4,160 high, XAUUSD has entered a consolidation phase with a narrowing price structure. The price is now approaching the key support area around 4,020 while continuing to respect the ascending trendline formed from the previous swing low. Price action around this level is likely to determine gold's next directional move. If buyers successfully defend the 4,020 support zone, XAUUSD could stage a recovery toward the 4,140–4,146 resistance area. Trading Outlook: The preferred strategy is to look for buy opportunities if price holds above 4,020 and prints a confirmed bullish signal. The upside target is 4,146. As long as price remains above the 4,020 support, the current recovery structure is expected to stay intact. The bullish scenario will be invalidated if XAUUSD breaks and closes below 4,020, which could trigger renewed selling pressure and send the price toward lower support levels.