Rebound Into Major Pullback ResistanceGoldOANDA:XAUUSDTiara_PrimeGoldGold is trading around 4,033 on the M30 chart. Price remains inside the rising short-term channel, but the broader structure is still recovering from the previous selloff. Market Drivers Gold is trading cautiously ahead of the Fed decision later today. Markets broadly expect rates to remain unchanged, while attention is shifting toward the Fed’s guidance and the possibility of another hike in December. Higher oil prices are also keeping inflation concerns alive, creating a short-term headwind for non-yielding Gold. PCE inflation data on Thursday will be another key catalyst. Structure The short-term channel remains supportive, but price is approaching the 4,058.894 resistance area after failing to hold the recent highs. The key question is whether buyers can reclaim the 4,058.894–4,070.462 zone or whether sellers will use this area to resume the broader downside structure. Key Zones 4,070.462 — Major Pullback Resistance 4,058.894 — Key Resistance 4,025.709 — Key Structure Level 3,975.296 — Major Structure Support Scenario The main scenario allows for a short-term rebound toward 4,058.894–4,070.462. If sellers reject this resistance zone, price could rotate lower toward 4,025.709, followed by a deeper move toward 3,975.296. A sustained breakout above 4,070.462 would invalidate the immediate rejection scenario and strengthen the recovery structure. Invalidation A sustained M30 breakout and acceptance above 4,070.462 would weaken the bearish rejection setup. Tiara’s View Gold is approaching a key decision area. 4,058–4,070 is the main resistance to watch, while 4,025 and 3,975 remain the important downside references.