Bullish (Short-Term Pullback Expected)

Key Levels
Resistance: 4300 – 4320
Current Price: Around 4241
Support: 4200 – 4210
Major Target Zone: 4115 – 4135
Analysis
Gold has completed a strong bullish breakout and reached the resistance zone around 4300.
The recent candles show profit-taking and rejection from resistance, increasing the probability of a short-term correction.
As long as price remains below 4300–4320, sellers may push it toward the 4200 support first.
If 4200 fails to hold, the next likely downside target is 4115–4135, which matches your marked target zone.
Trading Plan

🔴 Sell Scenario (Preferred)

Entry: After bearish confirmation below 4240–4250
TP1: 4200
TP2: 4135
SL: Above 4305

🟢 Buy Scenario

Wait for price to reach 4115–4135.
Enter only after a strong bullish reversal candle or confirmation.
Targets: 4240 → 4300
Overall Outlook
Short-term: Bearish correction.
Medium-term: Bullish trend remains intact unless price closes decisively below the 4115 support zone.