Gold on the 4H chart, the bullish structure of gold remains intact. The beginning of the week was quite intense, so this phase is a corrective wave rather than showing signs of reversal.

Preferred scenario:

– Price corrects to the support zone around 4550–4520

– Maintains higher low structure on H4

– Then breaks above the 4630–4650 zone with a clear close

→ Uptrend continues.

If it breaks and holds above 4650, the next target based on extension levels is the 4800 zone.

Strategy: Avoid FOMO, wait for correction – enter Buy clearly in the 4520–4550 zone (SL 4470)

Or wait for a break above 4650 and a retest before entering (SL 4599)

TP 4720 – 4800

This strategy is for the 4H timeframe, so traders must strictly follow capital management

$XAU $PAXG