H1 Buy Zone Rebound SetupGoldTVC:GOLDMason_Drake Gold is trading around 4,156, holding near an important H1 support area after the latest rejection from the 4,190 region. Macro conditions remain mixed as traders wait for U.S. CPI today, followed by PPI and other key data on Thursday. Gold was slightly softer in the previous session as elevated rates and a still-firm dollar limited demand. Reuters The dollar has pulled back from its recent 18-month high, but Fed policy remains a headwind. Several policymakers still see another rate increase as possible before year-end, while markets currently lean toward a pause in October and a greater chance of tightening in December. Reuters Technical View The H1 chart is now sitting at a critical structural decision point. Gold previously completed several bullish BOS, but the rejection from the upper structure triggered a CHoCH followed by an MSS around the 4,150 area. Price is currently testing the 4,155–4,167 Buy Zone, where the rising bullish trendline also provides dynamic support. This is the key confluence for the current setup. Above price, the descending trendline and the bearish OB around 4,190–4,198 remain short-term obstacles. Beyond that sits the major 4,202–4,218 Supply Zone. Key Zones 4,202–4,218 — Major Supply Zone 4,190–4,198 — Bearish OB / Trendline Resistance 4,155–4,167 — Buy Zone + Bullish Trendline 4,129–4,143 — Key Demand Zone 4,099–4,110 — Major Demand Zone 4,066.297 — Major Structural Low Trading Plan The main scenario is a bullish reaction from the 4,155–4,167 Buy Zone. I want to see buyers defend this area and maintain the rising trendline before considering continuation. A confirmed bullish reaction could first push price toward 4,180, followed by the 4,190–4,198 bearish OB. If momentum remains strong and price clears that resistance, the main upside objective becomes the 4,202–4,218 Major Supply Zone. No need to chase price. The quality of this setup depends on confirmation from the Buy Zone. Important Note The 4,129–4,143 Key Demand Zone is the next structural defense if the current area cannot hold. Today’s CPI release can also produce sharp volatility, so temporary liquidity sweeps around these zones should not be ignored. Buy View The bullish view remains valid while buyers continue defending 4,155–4,167 and the H1 bullish trendline. Confirmation matters more than simply touching the zone. Final View Gold is sitting at the exact area where buyers need to respond. The combination of the Buy Zone, bullish trendline and nearby structural support gives the market a potential base for recovery. For now, 4,155–4,167 is the key decision zone, with 4,190–4,198 and 4,202–4,218 acting as the main upside objectives if buyers regain control.