XAUUSD: Correction Pressure Is Increasing After the Strong Rally

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XAUUSD: Correction Pressure Is Increasing After the Strong RallyGoldOANDA:XAUUSDParadise_NoirXAUUSD continues to maintain a bullish structure on the H4 timeframe, with price continuing to form higher lows within the ascending channel. However, after reaching the upper boundary around 4,630, the market showed signs of rejection and began to lose momentum. If selling pressure persists, I expect XAUUSD to enter a deeper correction toward the 4,475–4,500 zone. This is a key support area and the main target for the current downside move. Although the broader trend remains bullish, in the short term I favor a bearish correction before assessing the possibility of buyers stepping back in. Main Trend: Bullish | Short-term Bias: Bearish Correction | Target: 4,475