There are times when pivotal round number prove to be more important in setting trader sentiment than any specific chart point.
One of those pivotal levels is XAUUSD 4000, with a bounce Back above it following a pause above 4060 3960 and 3942 supports has cooled the downside risk but not negated it.
For that to occur, 4080 would need to be broken.
(AT 4 hour chart)
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