XAUUSD Analysis: Potential Bullish Rebound Toward 4105GoldOANDA:XAUUSDGems-TradesGold has experienced a strong downward move, with price declining from the 4160 area toward the 3995 region. Price is now approaching a potential recovery zone where buyers may attempt to regain momentum. Trade Setup Instrument: XAUUSD (Gold) Timeframe: 45 minutes Entry Area: 3995–3996 Target Level: 4105.881 Stop-Loss Level: 3974.093 Potential Upside: Approximately 2.76% Technical Outlook The broader short-term structure remains bearish following the recent sequence of lower prices. However, the marked setup outlines a possible upward retracement from the current area toward the 4105 resistance zone. For this scenario to develop, price needs to attract buying interest and sustain upward momentum. A failure to hold above the entry area could weaken the bullish outlook, while a move below the marked stop-loss level would invalidate the proposed setup. My Market View I am watching for a potential recovery in gold, but confirmation from price action remains important. The key is to monitor how price reacts around the entry zone rather than assume the projected target will be reached.