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Committed bulls, make sure to pay close attention: if the 1H candle closes below the psychological 4000 level.
Suspend long trades in the short term, and don't trade around 3990 either. If price fails to reclaim 4000, 3970/3980 will definitely be retested as support.
One more thing: if price breaks below the previous low and fails to reclaim it on a rebound retest, that will open up further downside!$XAUUSD