XAUUSD: Rebound underway, Bulls returnGoldOANDA:XAUUSDDomicChainaXAUUSD is trading around $4,410 following a distinct bounce from the $4,290–$4,350 support zone. Although the prior decline broke the rising channel, buying interest at the lows indicates that sellers have been unable to fully sustain downward pressure. Technically, Gold remains below the EMA34/89 lines near $4,440, making this area the immediate hurdle. If the price reclaims the $4,440–$4,450 range and holds above it, I anticipate the recovery could extend toward the $4,580–$4,660 resistance zone, with $4,660 serving as a key target on the chart. Macroeconomic factors support this recovery scenario, as the DXY faces renewed pressure after hitting a three-week high. The bullish outlook would be invalidated if Gold falls back below the $4,290–$4,300 zone.