XAUUSD: The Next Rebound May Start From Here

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XAUUSD: The Next Rebound May Start From HereGoldOANDA:XAUUSDDamonEdgeXAUUSD could be setting up an interesting short-term opportunity after an extended move lower. Price is now testing a strong support area, where buyers have previously shown a willingness to step in. For now, I would focus on how price reacts around this zone. If buyers begin to absorb the selling pressure and price starts to stabilize, a recovery toward 4,100 becomes a realistic upside scenario. That said, I would not rush into the move. A weak reaction or a clean break below support would keep the bearish pressure intact. I would rather wait for clear signs that buyers are actually taking control before getting involved. This is not financial advice, just sharing my thoughts on the chart. Trade safely.