AT (Amazing Trader) 4 hour chart shows XAUUSD back on the defensive with 4027 the last line of defense ahead of 4000 and key 3956 and 3942. While bull sentiment is shaken by the failure at 4200 and subsequent retreat, damage is not fatal unless the 3942 low is broken.
Back above 4057 would cool the risk but only back above 4134 would fully negate current momentum.
Note XAUUSD following risk off mood and higher US bond yields so watch both for any correlations.
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