BRIAN XAUUSD – GOLD PULLS BACK AFTER SIX-DAY HIGH GoldOANDA:XAUUSDBrianLionCapitalBRIAN XAUUSD – GOLD PULLS BACK AFTER SIX-DAY HIGH Gold is easing slightly after reaching a six-day high near 4,369, as buyers take a pause following the recent recovery. The move remains constructive, but short-term pressure is appearing as price trades below the 21-day SMA area near 4,400. From a macro view, the US dollar is trying to fill Monday’s bearish opening gap as market optimism around the Iran agreement cools. This limits gold’s upside momentum in the short term and keeps the market vulnerable to a corrective pullback. Technical structure On the H1 chart, gold has recovered strongly from the lower value area and is now moving inside a rising trendline structure. Price recently tested the Sell retest zone around 4,350 - 4,365, then started to slow down. This reaction shows that buyers still need more confirmation before gold can continue higher. The key area I am watching is the Buy zone POC around 4,195 - 4,210. This is the main Volume Profile support below current price and the cleanest area to wait for a buy reaction if gold pulls back. As long as gold stays above this POC zone and respects the rising trendline structure, the recovery remains valid. A deeper break below this zone would weaken the bullish correction. Important zones Sell retest zone: 4,350 - 4,365 Current resistance and reaction area. Buy scalping zone: 4,245 - 4,255 Short-term support if price pulls back first. Buy zone POC: 4,195 - 4,210 Main Volume Profile support and preferred buy area. Trendline support: Short-term bullish structure support. 21-day SMA area: 4,400 Major technical level gold needs to clear to reduce bearish risk. Trading scenario Buy reaction from Buy zone POC 4,195 - 4,210 Entry: Look for buy positions only if price pulls back into 4,195 - 4,210 and shows clear bullish rejection. Stop Loss: Below the Buy zone POC or below the local swing low. Take Profit: TP1: 4,245 TP2: 4,350 - 4,365 TP3: 4,400 This setup is based on the main Volume Profile support where buyers may defend the next pullback if the recovery structure remains valid. Final view Gold is still in a recovery phase, but the market is losing some short-term momentum near resistance. The professional approach is not to chase price at the high. I prefer waiting for a pullback into the Buy zone POC around 4,195 - 4,210, then watching for buy confirmation. Above 4,400, gold can reduce bearish pressure. Below the POC zone, the recovery structure becomes weaker. Trade the retest. Respect the volume zone.