H4 Range, 4,200 Still KeyGoldOANDA:XAUUSDTiara_PrimeGold Gold is trading around 4,165 on the H4 chart after recovering from the recent sell-off. Price remains inside the broader descending structure, with the latest rebound approaching the 4,200–4,220 resistance zone. Market Drivers Gold finished the week under pressure, with spot prices around 4,165 and a weekly decline of about 0.7%. Hotter U.S. CPI and PPI data continue to keep Fed policy expectations hawkish, while Fed Chair Kevin Warsh gave no clear signal on the next rate move. At the same time, the dollar and Treasury yields eased, helping limit downside in Gold. Markets still largely expect the Fed to hold in October, while December remains the key policy risk. Market Context The H4 structure remains corrective and range-bound. Gold has recovered from the 4,073 area but has not yet broken the broader descending trendline. The main decision area is the 4,200–4,220 resistance zone. Below, the 4,080–4,100 support area remains the key downside defense. Technical View Price is consolidating around the middle of the current H4 range. The volume profile shows significant activity around the current price area, while the descending trendline continues to cap the broader recovery. A rejection from 4,200–4,220 could send Gold back toward the lower support zone. If buyers defend 4,080–4,100, the recovery structure could rebuild toward 4,200 and eventually the 4,280–4,300 resistance area. Main Scenario The preferred scenario is a pullback toward the lower support area before another recovery attempt. If Gold rejects around 4,200–4,220 and moves into the 4,120–4,080 region, a strong reaction there could create the next upside leg toward: 4,200 → 4,280–4,300 A decisive break below 4,080 would weaken this recovery scenario and expose the deeper 4,000 area. Key Zones 4,280–4,300 — Resistance Mid Zone / End FVG Down 4,200–4,220 — H4 Resistance Zone 4,120–4,150 — Intermediate Support 4,080–4,100 — Major Support Zone 4,000 — 1.618 Extension / Deeper Support Tiara’s View The H4 chart is still a battle between the descending structure and the recovery from 4,073. For me, 4,200–4,220 is the key resistance area. A rejection there could create a deeper pullback toward 4,080–4,100 before buyers attempt another recovery. If the support zone holds, the broader upside path toward 4,280–4,300 remains possible. A clean H4 break above 4,220, however, would change the structure and strengthen the bullish case.