Gold (XAUUSD) – Neutral Outlook
Gold OANDA:XAUUSD
Price is testing a major resistance and strong order block. My bias is slightly bearish, but I'm waiting for confirmation before entering.
1. If a 4H candle closes above resistance, the next target could be 4400–4450.
2. If 2–3 strong bearish candles reject this resistance after the order block has been tapped, a move toward 4000 becomes more likely.