Gold at Resistance – Breakout or Rejection?

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Gold at Resistance – Breakout or Rejection?GoldOANDA:XAUUSDPureFX_Our last gold trade Gold is testing a key resistance around 4,036–4,038 after bouncing from recent lows. This is the level I'm watching closely. If buyers can break and hold above this resistance, I expect momentum to continue toward 4,075. That area lines up with previous resistance and is my current TP zone. The 200 EMA is still above price, so buyers need a strong breakout to confirm the move. If price gets rejected here, we could see another pullback before any sustained rally.