XAUUSD: 4,075 Remains Key Selling ZoneGoldOANDA:XAUUSDNira_raXAUUSD is currently rebounding to test the downtrend line near 4,075, yet the short-term structure shows no clear signs of a reversal. Recent highs continue to trend lower, while the supply zone above maintains selling pressure. The fundamental backdrop does not strongly favor gold either, as expectations for the Fed to maintain high interest rates and a "wait-and-see" sentiment regarding US labor data continue to support the US dollar. If the price fails to decisively break above 4,075, I lean towards the scenario where XAUUSD turns lower to retest the demand zone around 4,000. Preferred scenario: Wait for a rejection signal at 4,075 to look for selling opportunities, targeting the 4,000 level.