XAUUSD — Bullish Retest Toward 4,410GoldOANDA:XAUUSDXAU_Macro_PulseFundamental Analysis Gold finishes the week on firmer footing as easing crude oil prices reduce near-term inflation pressure, helping XAUUSD recover despite the U.S. dollar remaining near a seven-week high. Gold posted its first weekly gain in four weeks, while markets now price roughly a 55% probability of another Fed hike in October after this week’s 25 bp increase. Treasury yields have also eased from their post-Fed highs, although the U.S. 10-year remains close to the important 5% area. Next week, traders will focus on U.S. PMI data, Fed communication and whether lower energy prices can continue moderating inflation expectations. Technical Analysis On H1, XAUUSD is trading near 4,378 after successfully reacting from the previous 4,355–4,367 buy zone and reaching the 4,389–4,395 resistance area. Price has printed a BOS above 4,377, while the rising support trendline continues to protect the recovery structure. The preferred continuation area remains 4,355–4,367, where Fibonacci 0.618, previous structure and the marked buy zone converge. If buyers defend this area again, gold may retest 4,389, followed by the key 4,410 liquidity high. A deeper correction could reach 4,342, with the H1 FVG around 4,323–4,342 acting as secondary support. Important Key Levels 4,410 — Main liquidity target 4,389–4,395 — Immediate resistance 4,377 — BOS / short-term pivot 4,355–4,367 — Main buy zone 4,342 — Fibonacci support 4,323–4,342 — H1 FVG Below 4,338 — Bullish invalidation Trading Scenario Main Buy Setup Entry: 4,355–4,367 Stop Loss: 4,338 Take Profit 1: 4,389 Take Profit 2: 4,400 Take Profit 3: 4,410 Buy Condition Wait for a controlled retracement into 4,355–4,367 and bullish confirmation. A liquidity sweep, long lower wick, bullish engulfing candle or H1 reclaim above 4,367 may signal renewed buyer pressure. A sustained H1 break below 4,338–4,342 would weaken the continuation setup. Overall View The H1 structure remains constructively bullish while price holds above the rising support structure. Since gold is currently near the 4,377–4,390 resistance area, chasing fresh longs offers less attractive positioning. The preferred plan is to wait for another retracement into 4,355–4,367. If buyers defend the zone, XAUUSD could retest 4,389–4,400 and potentially attack the 4,410 liquidity high. Will gold defend 4,355–4,367 again before breaking 4,410?