$XAUt Back Above $4,000 — Can Buyers Push Gold Toward $4,054? Gold went through another wave of volatility after the U.S. elections, but once the dust settled, buyers managed to bring price back above the psychological $4,000 level. For me, that recovery matters because Gold is still holding above the Heavy Support Zone($3,887-$4,007) and is now trading near the Potential Reversal Zone(PRZ)($3,999-$4,020). On the 1-hour timeframe, Elliott Wave also suggests Wave 4 may be close to completion, although price could still test the $4,000 area once more before the next bullish move begins. My main scenario is for Gold to find support around this PRZ and continue higher. If buyers keep control above $4,000, I expect another push toward $4,054 and the nearby Resistance Lines. A confirmed breakout there could open the door to higher targets. TP: $4,054 SL: $3,971 Key Level: $4,025 Which level comes first? 🟢 $4,054 🔴 $3,971 If you found this analysis useful, follow for more. #Gold