A good opportunity to buy gold again on the 4-hour timeframe.

Gold has resumed its decline after a strong rally from the demand zones we previously anticipated.

Currently, gold is retesting these demand zones with positive buy signals, indicating a potential for a renewed upward move.

Expected Targets

If the current candle closes higher, we expect to see a test of the levels shown on the chart, namely $4120 and $4190.

If gold manages to break and close above the downtrend line, we could see a rise to the $4280 level.