XAUUSD 4055 fake strength — 4100 trap?
That range is getting ugly now.

Gold bounced back into 4,055, but buyers still don’t look fully in control. Yeah, price recovered from the lower OB area, printed a small ChoCH, and now it’s sitting around the 0.5 - 0.618 pullback zone.

But the move is not clean.

Every push higher keeps running into supply. The IFVG above 4,083 - 4,120 is the real problem. That zone has rejection written all over it if buyers fail to break through with strength.

Macro is messy too. USD is trying to recover after stronger ISM PMI data, US-Iran tension is back in the headlines, and the negotiation story is not clean. One side says talks are possible. The other side denies it. So yeah, gold can chop. But that kind of uncertainty usually makes fake moves worse.

Main bias is bearish range fade while gold stays below 4,083 - 4,120.

If price pushes into 4,083 - 4,120 and stalls, I’m looking for sellers to hit it again. First draw is 4,038. Below that, 4,019 is the key level. Then the lower OB around 4,005 - 4,015 becomes the main liquidity target.

Trading scenario:

Sell idea only if gold rejects 4,083 - 4,120 with weak candles.

Entry zone: 4,083 - 4,120 after rejection
Alternative entry: below 4,038 after breakdown confirmation
Stop loss: above 4,125
TP1: 4,038
TP2: 4,019
TP3: 4,005 - 4,015

No rejection, no sell. No breakdown, no chase.

If gold closes strong above 4,125, this short idea gets messy. Then buyers can squeeze toward 4,140.

For now, this looks like range chop into supply.

You fading 4,100, or waiting for 4,038 to snap first?