Gold Is Pulling Back, Watching H1 Demand XAUUSD 07/07GoldOANDA:XAUUSDAdrian_NovaTraderXAUUSD is retracing after rejecting the 4,190–4,200 resistance zone. Instead of chasing the recent rally, I'm watching the 4,060–4,080 H1 POI, where buyers may look to step back in. The recent bullish structure remains intact, but momentum has started to slow beneath resistance. As long as demand holds, this pullback could be a healthy correction before another move higher. The next reaction at demand will likely decide the market's next direction. Currently • Price rejected the 4,190–4,200 resistance zone • H1 bullish structure remains intact • Momentum is slowing after the recent rally • Price is approaching the 4,060–4,080 POI • Buy-side liquidity rests above 4,160 • Major resistance remains at 4,210–4,220 (SMALL OB) Trading Plan Bias: Bullish Pullback Within an H1 Uptrend Main Zone • 4,060–4,080 → H1 POI / Demand Execution Idea If buyers defend the 4,060–4,080 POI, Gold may continue higher toward 4,160 liquidity, followed by the 4,210–4,220 SMALL OB. A break below demand would increase the probability of a deeper correction. Targets → TP1: 4,160 → Internal Liquidity → TP2: 4,210–4,220 → H1 SMALL OB Invalidation A confirmed H1 close below the 4,060–4,080 demand zone would invalidate the bullish continuation scenario. Key Insight Pullbacks into demand are common after impulsive moves. The reaction at the H1 POI will determine whether buyers remain in control. Key Question Will buyers defend the H1 POI, or will this pullback develop into a deeper correction?