XAUUSD – Gold Recovers From 4,000, But The Risk Is Not Gone Yet GoldOANDA:XAUUSDHannah_MarlandXAUUSD – Gold Recovers From 4,000, But The Risk Is Not Gone Yet Gold is recovering, but the chart still needs confirmation. After approaching the 4,000 area, price reacted from the lower liquidity zone and is now trading around 4,106. The short-term recovery looks positive, but gold is still inside a corrective channel and below key resistance. FUNDAMENTAL ANALYSIS Gold is supported by rising Middle East tensions, which can boost safe-haven demand. However, overall pressure on precious metals remains, so the market is still cautious. For now, price reaction around 4,130 and 4,196 is more important than news. TECHNICAL ANALYSIS – SMC + MARKET STRUCTURE Gold bounced from the buy order zone near 4,061, showing buyers are defending this level. As long as price holds above 4,061, the recovery can continue. The first resistance is 4,130. A break above this level could push price toward 4,196. However, 4,196 is a stronger resistance where sellers may react again. If rejection appears at these levels, gold could pull back toward 4,091 or 4,061. KEY PRICE ZONES TO WATCH Current price: 4,106 Buy zone: 4,061 Support: 4,091 Sell zone: 4,130 Main resistance: 4,196 Lower liquidity: 4,020 – 4,030 Invalidation: Below 4,061 TRADING SCENARIOS Buy Scenario Buy Zone: 4,061 – 4,091 Entry: Bullish reaction or confirmation SL: Below 4,061 TP1: 4,130 TP2: 4,196 Breakout Buy Condition: Break and hold above 4,130 Target: 4,196 Sell Scenario Sell Zone: 4,130 or 4,196 Entry: Bearish rejection or failed breakout TP1: 4,091 TP2: 4,061 TP3: 4,020 – 4,030 Invalidation: Above 4,196 MY VIEW ON GOLD Gold is in a cautious recovery, not a full bullish reversal yet. As long as 4,061 holds, price can move toward 4,130 and 4,196. But sellers may still react at resistance. Key question: can gold break and hold above 4,130? If yes, 4,196 is next. If not, price may return to 4,061.