After the strong breakout, gold increased rapidly to the 4,250–4,290 range, but the buying momentum began to slow down as the price was continuously kept below the new peak area.

RSI has also just left the overbought zone, showing that the market may need a correction before deciding on the next direction.

I'm eyeing the 4,250–4,290 area. If XAUUSD continues to fail to surpass 4,290 and more H2 candles appear to reject high prices, profit-taking pressure could pull the price back to the previous breakout area around 4,140–4,175.

This is also an area that is likely to attract buying pressure again if the large uptrend is still maintained.