H4 Pullback Buy SetupGoldOANDA:XAUUSDMason_Drake XAUUSD is trading around 4,076 after rejecting from the 4,100 area. The H4 structure remains constructive above the rising trendline, but price is still capped by the broader bearish trendline. The Federal Reserve held rates at 3.50%–3.75%. U.S. Q2 GDP slowed to 1.5%, while June headline PCE fell 0.1% and core PCE rose only 0.1%. Softer growth and inflation reduced immediate tightening pressure, supporting gold, although mixed Treasury yields may keep volatility elevated. Technical View Gold has confirmed a bullish MSS and BOS from the July low, but the recovery remains inside a larger compression structure. The 4,060–4,070 area is the immediate support. Holding this zone could produce an early rebound toward 4,095–4,110. The cleaner buy area sits lower at 3,998–4,008, where the rising trendline and previous demand align. A liquidity sweep into this zone followed by a bullish reclaim would provide stronger confirmation. The main upside target is 4,138–4,155. This area overlaps with the bearish trendline and higher-timeframe resistance, so profit-taking may appear there. Key Zones Current price: 4,075.605 H4 FVG: 4,075–4,087 Immediate support: 4,060–4,070 Buy Priority: 3,998–4,008 Short-term resistance: 4,095–4,110 Major target: 4,138–4,155 Bullish invalidation: below 3,959.406 Trading Plan Buy Priority: 3,998–4,008 Condition: wait for an H4 liquidity sweep into the buy zone, followed by bullish rejection, a higher-low formation or a confirmed reclaim above 4,008. SL: below 3,959.406 TP1: 4,060–4,070 TP2: 4,095–4,110 TP3: 4,138–4,155 Important Note The 4,060–4,070 support may hold before price reaches the main buy zone. An early buy requires clear confirmation, as price remains below the bearish trendline. Acceptance above 4,110 would strengthen the bullish path toward the major target. An H4 close below 3,959 would invalidate the setup. Final View Gold remains constructive above the rising trendline, but a deeper pullback could offer the cleaner entry. The preferred setup is a confirmed reaction from 3,998–4,008, targeting 4,070, 4,110 and 4,150. Will gold defend immediate support, or sweep the main buy zone before the next bullish leg?