DOWN scenario: If gold breaks below $4,110 and holds below it, further downside toward $4,044 is a possible technical scenario.

UP scenario: If gold breaks above $4,220 and sustains that level, a recovery toward $4,260 becomes possible.

Until a breakout: Gold could rebound or move sideways; the daily trend remains bearish despite today's recovery#KoreaProposesTokenizingStocksAndBonds .