Gold Tests the $4,000 Zone AgainGoldOANDA:XAUUSDYong726Gold Tests the $4,000 Zone Again — Breakdown Continuation or Short-Term Rebound Ahead? Gold remains under clear bearish pressure on the 4H chart. After failing to hold the previous recovery structure, the price continued to move lower and is now trading near the important $4,000 psychological area. Although buyers have attempted to defend this zone several times, the rebound has remained limited, showing that sellers are still controlling the short-term market rhythm. From a market structure perspective, the XAU/USD remains in a bearish structure. Price has continued to form lower highs and lower lows since the previous breakdown, and every recovery attempt has struggled below key resistance. The recent move around $3,980–$4,020 looks more like a weak consolidation near support rather than a confirmed bullish reversal. The first key resistance zone to watch is around $4,020–$4,060. This is the nearest area where sellers may continue to defend the rebound. If buyers manage to break above this zone with confirmation, gold may attempt a stronger recovery toward $4,100–$4,120. Above that, the more important resistance zone sits around $4,170–$4,200, where the previous breakdown structure remains active. On the downside, the first key support zone is around $3,980–$3,950. This area is now very important because price is already testing it. If buyers can defend this zone, gold may continue to build a short-term recovery base. However, if $3,950 breaks, bearish pressure may increase again, and the next downside target could be around $3,900–$3,880. For the bullish scenario, XAU/USD needs to hold above $3,980–$3,950 and break above $4,060 with confirmation. If this happens, short-term recovery momentum may improve, and the price could move toward $4,100–$4,120. A stronger bullish recovery would require gold to reclaim $4,170–$4,200. For the bearish scenario, rejection from $4,020–$4,060 would show that sellers are still defending the short-term rebound area. If price then breaks below $3,950, downside pressure may return quickly, opening the path toward $3,900–$3,880. As long as gold remains below $4,120–$4,200, rebounds may still be viewed as corrective moves inside a bearish structure. Market sentiment remains bearish, but gold is now sitting near a key support area. This means short-term volatility may increase around the $4,000 level. Right now, confirmation matters more than prediction: buyers need to reclaim resistance, while sellers need a clean break below support. Above $4,060, recovery momentum may improve. Below $3,950, bearish continuation becomes more likely. What do you think? Will gold defend the $3,950–$3,980 support zone and recover toward $4,100? Or will sellers break the $3,950 area and push the price toward $3,900? Please share your view below.