XAUUSD Economic Recession on the Horizon?

On the H4 chart of gold, we have a bullish trend with the price experiencing an interesting upward momentum at a demand zone around the 1935 level. At the moment, it can be observed that the price is consolidating in the 1945 area with a high probability that it may retrace to the bullish trendline highlighted below before resuming its upward movement, breaking the 1,950 high. The objective will be to wait for the price in the 1936 area and evaluate some structural rotations on the M15 chart during the London or New York session. Gave a nice trading day, Good luck!