XAU/USD Update | Bounce or Another Leg Lower?GoldOANDA:XAUUSDazgoldtraderGold continued its sell-off today, and we saw the secondary support zone tested after the 4068 level failed to hold, as outlined in the previous analysis. Price found support at the 3971 level, and we are now seeing a bullish reaction from this area. For bulls to sustain this recovery, we need to see 4014 reclaimed. A move back above 4014 could open the door towards 4068, and if bullish momentum continues to build, 4129 would become the next upside target. However, if bulls fail to reclaim the 4014 resistance level, we could see another test of the recent swing low and potentially the 3938 level, which marks the lower boundary of the secondary support zone. 📌Key levels to watch: Resistance: 4014 4093 4129 Support: 3971 3938 👉Let the levels guide you and wait for confirmation.