Rebound Toward 4,078 ResistanceGoldOANDA:XAUUSDTiara_PrimeGoldGold is trading around 4,000 on the M30 chart. Price is holding above the 3,973.347 Major Structure Support and developing a short-term recovery inside the rising channel. Market Drivers Gold remains sensitive to the stronger US dollar ahead of the Fed’s policy decision on October 28. Markets largely expect the Fed to hold rates this week, while expectations for another hike in December remain elevated. Softer oil prices are easing some inflation pressure, but Middle East risks remain an important source of volatility. Structure The short-term structure is attempting to recover, but the broader move remains fragile after the previous selloff. 4,020.629 is the immediate breakout trigger. A sustained reclaim could allow the rebound to extend toward the 4,058.639–4,077.940 Major Pullback Resistance zone. Failure to reclaim 4,020.629 would keep price vulnerable to another test of 3,973.347. Key Zones 4,077.940–4,058.639 — Major Pullback Resistance 4,029.302 — Key Resistance / Breakout Trigger 4,002.993 — Higher-Low Support 3,973.347 — Major Structure Support Scenario The main scenario favors a conditional rebound while price holds above 4,002.993. A break and hold above 4,029.302 could open the path toward 4,058.639–4,077.940. If sellers defend that resistance zone, the broader bearish structure could resume toward 3,973.347. Invalidation A sustained break below 3,973.347 would invalidate the current short-term rebound structure. Tiara’s View Gold is trying to build a recovery, but 4,029.302 is the first important test. Above it, attention shifts to 4,058–4,078. Until that resistance is reclaimed, the broader bearish pressure remains relevant.