At the H1 chart, the price is getting closer to the 4/8
level. If the pair rebounds from this level, the ascending correction
may continue. However, the door swings both ways: if the price breaks
the 4/8 level and stays below it, the market may continue falling.

![[iVISTscalp5]: XAUUSD. Forecast First. Market Reaction Afterwards [iVISTscalp5]: XAUUSD. Forecast First. Market Reaction Afterwards](https://c.mql5.com/6/1035/splash-preview-777232.png)
