XAUUSD 4132 spike — 4038 pullback looks next GOLD (US$/OZ)TVC:GOLDEthan_TraderProXAUUSD 4132 spike — 4038 pullback looks next That 4,132 spike is loud. Maybe too loud. Gold ripped hard after the 4,038 BOS, pushed straight through the 4,062 - 4,080 Order Block, and now price is sitting way above the clean base. That move looks powerful, sure. But this is exactly where I don’t like chasing buys. Big candle. Fast expansion. Late buyers running in. Yeah, could be a trap. Macro is mixed too. Gold got that follow-through buying from US-Iran diplomacy hopes, but oil is still keeping inflation fear alive. Fed rate-hike expectations are not fully gone. USD still has support from Middle East tension. So upside can get capped fast if price fails to hold above 4,100. Main bias is bearish pullback while gold stays below 4,134 - 4,150. The zone I’m watching is 4,062 - 4,080. That OB was broken through during the impulse. If price pulls back there and fails to bounce clean, that becomes the trap zone. Buyers who chased the spike can get squeezed back down. Trading scenario: Sell idea only if gold rejects around 4,100 - 4,134 or breaks back below 4,080 with pressure. Entry zone: 4,100 - 4,134 after rejection Alternative entry: below 4,080 after breakdown confirmation Stop loss: above 4,150 TP1: 4,080 TP2: 4,062 TP3: 4,038 No rejection, no sell. No breakdown, no chase. If gold closes strong above 4,150, this pullback idea is cooked. Then buyers can keep hunting higher liquidity. For now, I’m reading this as spike first, trap risk second. You think 4,132 holds, or does gold flush back to 4,038?