#xauusd Due to intraday oversold conditions, gold is likely to attempt an upward correction during the early US session, targeting the 4,140–4,145 range. It has already reached a high of around 4,141.8. However, as the broader bearish trend has not yet reversed and the US Dollar Index (DXY) remains at its intraday high of 101.73, gold is unlikely to sustain its rebound in this resistance zone. It will then test the lows again and is likely to break below 4,106, heading directly toward the psychological 4,100 level and even the historical support at 4,055.