Gold is currently trading around the 0.618 Fibonacci level near **4,426**, making this a critical decision zone.
The recent reaction from the **4,300–4,400 support area** suggests buyers are still defending the lower levels.
My HTF structure remains constructive as long as price holds above the **4,219–4,300 region**.
The first upside obstacle is around **4,571**, followed by the **4,717** Fibonacci level.
A clean break above 4,717 could open the way toward the **4,890–5,028 liquidity zone**.
My main **liquidity target is 5,028**, where significant buy-side liquidity may be resting.
However, price must first reclaim the intermediate resistance levels with strong momentum.
If 4,300 fails decisively, the bullish scenario becomes weaker and deeper correction becomes possible.
For now, I am watching for a bullish confirmation from the current HTF support rather than chasing the move.
**Weekly bias: Bullish above support, with 5,028 as the major liquidity target.**