XAUUSD — 4,691 Is the Next Magnet

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XAUUSD — 4,691 Is the Next Magnet GoldOANDA:XAUUSDFelix_MacroTradeXAUUSD — 4,691 Is the Next Magnet Gold is moving with real strength here, and the chart feels like buyers are still driving the story rather than just reacting from support. Price has already shifted clearly from the earlier correction phase into a strong bullish expansion. We saw the ChoCH, then the BOS, then another push higher as gold moved away from the lower FVG zones and started climbing step by step. That tells me the market is not simply bouncing anymore. It is building a bullish leg with structure behind it. The current area around 4,637.635 is important because gold is already close to the upper side of the move. For newer traders, this is where patience matters. When price runs hard, the best entries often do not come from chasing the top. The cleaner read is to wait for the market to breathe, pull back into a key zone, and show whether buyers are still waiting there. My main view is still bullish while gold holds above the 4,500 - 4,520 area. That zone was marked as buy-side liquidity, but after the breakout, it can also become a place where price retests before the next continuation. If gold pulls back toward that area and holds, I would see it as a healthy reset before another push higher. The next upside magnet is 4,691.192. Price may still want to hunt that liquidity before any deeper correction forms. But if gold reaches that zone and starts rejecting, I would expect the market to breathe lower again before choosing the next leg. This bullish idea becomes weak only if gold loses 4,500 and fails to recover. A deeper break below that area would open the door for price to revisit the FVG zones underneath. Key price zones to watch Current reaction area: 4,637.635 Main demand / retest zone: 4,500 - 4,520 Bullish confirmation zone: clean hold above 4,637.635 First upside target: 4,650 - 4,660 Main upside liquidity target: 4,691.192 FVG support if buyers fail: 4,440 - 4,460 Deep FVG support: 4,370 - 4,420 Invalidation: clean close below 4,500 Do you think gold can hunt 4,691 first, or does price need one pullback into 4,500 before buyers continue the move?