Gold Retraces To Order Block, Sets Up Next Bullish LegGoldOANDA:XAUUSDZenTrade_SetupThe 1H XAUUSD chart continues to build on the bullish structure established since the Bullish Market Structure Shift (BMS) off the Protected Swing Low / Major Demand zone near 3,964–3,976. Following the confirmed Bullish trendline breakout, price advanced impulsively, completing its first major leg — marked "DONE" — at a high of 4,164.464. Since reaching that high, price has entered a corrective phase, retracing through the key Fibonacci levels (0.382, 0.5, and 0.618) and pulling back directly into the Order Block zone between roughly 4,042 and 4,067. This zone previously acted as a launchpad for the initial breakout, making it a significant area of confluence for renewed buying interest. Currently trading at 4,047.725, down marginally on the session, price is sitting right at the 0.382 retracement level (4,042.995), within this Order Block. This kind of retracement into a proven support zone is a classic Smart Money Concepts pattern, often preceding the next impulsive leg if the level holds. The projected path suggests a minor further dip is possible before renewed bullish continuation takes hold, with the ultimate target being TP Open near 4,197.807, just above the Intermediate Resistance level that has capped price on prior tests. From a risk management perspective, the key invalidation level is a decisive break below the Order Block (under 3,975). Such a move would suggest the bullish structure has weakened significantly and could open the door for a full retest of the Protected Swing Low. For now, structure favors a bounce from the Order Block, with traders watching for confirmation signals before committing to the next leg toward TP. Do you think gold will hold the Order Block and push toward 4,197, or will we see a deeper retest of the swing low first?