H1 Recovery Attempt From Lower POI

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H1 Recovery Attempt From Lower POIGoldOANDA:XAUUSDMason_Drake Gold is trading around 4,119 after another volatile session. Spot Gold finished Tuesday about 0.3% lower near 4,125.90 as traders continued to weigh persistent inflation against the Fed outlook. Fed officials have shown little urgency to tighten again in October, but markets still assign roughly a 92% probability of a December hike, keeping rate pressure relevant for bullion. At the same time, the dollar index slipped around 0.25% to 101.71 as longer-dated Treasury yields and oil prices eased. A Reuters poll found 94 of 100 economists expect the Fed to hold rates at 3.75%–4.00% in October, while all respondents expect another hike in December. That combination leaves Gold caught between softer near-term yields and a still-restrictive medium-term policy outlook. Technical View The H1 structure remains compressed beneath the descending trendline, but price is attempting to establish another higher low near the lower trendline. Gold is currently trading inside the 4,112–4,125 local POI, where repeated reactions show that buyers are still defending the lower edge of the current consolidation. The first structural obstacle is 4,143–4,155 Resistance Zone. A recovery into this area would test whether buyers can convert the current bounce into a meaningful H1 shift. Above that, the descending trendline around 4,158–4,165 is the main technical barrier for the projected recovery. Key Zones 4,180–4,190 — Key Demand Zone / Upper Structural Area 4,143–4,155 — Resistance Zone 4,112–4,125 — Local POI / Immediate Decision Area 4,080–4,090 — Major Support 4,073.174 — Structural Low 4,198.992 — Major Upper Reference Trading Plan Buy Priority The main scenario is a bullish recovery from the current 4,112–4,125 POI. Condition: buyers must continue defending the lower trendline and establish clear H1 strength back above the local range. If confirmation develops, the first objective is the 4,143–4,155 Resistance Zone. The chart then allows for a short retracement before another attempt toward the 4,158–4,165 descending trendline area. The projected sequence is: 4,112–4,125 hold → recovery into 4,143–4,155 → controlled pullback → second push toward 4,158–4,165. Risk / Invalidation The bullish recovery loses quality if price cannot hold the current lower structure. A decisive H1 breakdown below the local trendline would shift attention toward 4,080–4,090 Major Support, while 4,073.174 remains the broader structural invalidation reference. Mason View Gold is still trading below important H1 resistance, so this is not yet a confirmed bullish reversal. The focus is on whether 4,112–4,125 can continue absorbing selling pressure. If buyers protect this area and rebuild structure, 4,143–4,155 becomes the first meaningful test, followed by the descending trendline around 4,158–4,165. The setup is recovery from support first; confirmation through resistance comes second.