XAUUSD|H4 SETUP| POSSIBLE SCENARIO

This analysis is valid for the next 1 to 2 weeks, as long as the scenarios I’ve considered play out. At first, I expect a short-term rise, but the overall trend remains bearish. After reaching the identified support zones, If there’s a sharp upward move and the price breaks through the formed peak, we can enter during the price correction for a long position.