Gold (XAU/USD) — Monthly Open Reaction

Price has reclaimed the Monthly Open near 4,045 after consolidating in a demand zone through late July. Structure suggests continuation into the 4,200–4,231 supply zone, which lines up with prior resistance.

Key levels:
- Demand/Entry interest: 4,030–4,050
- First target: 4,125–4,135
- Major supply zone: 4,200–4,231
- Invalidation: below 3,995–4,010

If supply holds at 4,200–4,231, watch for a liquidity sweep back toward the 3,860 zone as the next area of interest.

"The Art of Real Trading"