XAU/USD — 45-Minute ChartGoldOANDA:XAUUSDFICTradesGold is trading around the upper marked zone after a strong upward move. Price has recently shown rejection from the 4,380–4,390 area and is now testing the lower part of the marked zone around 4,357–4,360. The chart shows a possible downside scenario if price remains below the upper zone: Entry area: around 4,357–4,360 Invalidation level: around 4,384 Target area: around 4,253–4,260 The previously marked zones near 4,295–4,302 and 4,255–4,263 may act as important reaction areas. A clear move back above the upper zone would weaken this scenario and call for reassessment. Idea: The focus is on how price reacts around the current zone. If rejection continues and lower prices develop, the marked lower areas become the next points to monitor. Confirmation from price action is important before considering any continuation.