The analysis focuses on gold (XAUUSD), currently trading around 3689. A bullish outlook is presented, contingent on maintaining levels above 3680-3665. This scenario targets a retest of the all-time high at 3708 and possibly extending towards 3725. Conversely, a bearish case would emerge if gold declines below 3665, potentially leading to a correction around 3643. The technical approach utilizes H4 and H1 charts.The strategy advocates buying on dips, while closely monitoring DXY performance. The analysis suggests bulls maintain control above 3665. A specific H4 entry zone is identified at 3670-3655. Take profit levels are set at 3692, 3708, and 3725, with a stop loss below 3640.