Following a strong rally from the 4,080 area, XAUUSD is currently undergoing a short-term pullback around 4,240–4,260. Although the price has paused after reaching a recent high near 4,300, the overall bullish structure remains intact, with buyers continuing to defend the key support zone.

If the price continues to hold above 4,230–4,245 and shows a bullish confirmation signal, XAUUSD may resume its upward momentum, targeting the 4,360 resistance area.

Trading Plan:
Buy is preferred if the price holds the 4,230–4,245 support zone and confirms a bullish reversal.

Invalidation:
The bullish outlook will weaken if XAUUSD breaks and closes below 4,210, increasing the likelihood of a deeper correction.

This analysis reflects personal opinions only and should not be considered financial advice. Please make your trading decisions based on your own analysis.