XAUUSD H4GoldOANDA:XAUUSDWinlouhMarket Structure Macro downtrend from $4,600 fully played out — bottom formed at $4,025 ChoCH confirmed on June 11 — first bullish shift signal Strong V-shape recovery from lows — bulls defending aggressively OB + FIBO resistance zone at $4,334–$4,376 now being tested Breakout of descending channel — bullish momentum building Projected Scenario 🔴 Short-term pullback first: Rejection from OB + FIBO zone ($4,334–$4,376) Dip to FVG + Liquidity BUY ($4,209–$4,246) Retest of demand before continuation 🟢 Bullish continuation: Bounce from $4,209–$4,246 demand Break above OB + FIBO → clear path up Target Liquidity SELL $4,474 Extension to -1.272 at $4,530 Bias Summary Short-term: 🔴 Mild pullback to $4,209–$4,246 FVG/Liquidity BUY Medium-term: 🟢 Bullish — targeting $4,474 → $4,530 Key level: Hold above $4,209 keeps bull structure valid.