XAU/USD – Bullish Continuation Above Key POI, Targeting Range

🔍 Technical Analysis (45M)

🟢 Market Structure

After a strong bearish impulse, Gold formed a solid base and shifted structure to bullish.

A sequence of higher highs & higher lows is now respected along the upward trendline ✔️

Multiple pivot points confirm buyers are defending higher price levels.

📦 POI & Key Zones

Extreme POI Point (Demand Zone): Major accumulation area that triggered the reversal 🟩

High POI Point (Supply → Mitigation Zone): Price broke above and is now holding as support — bullish sign.

As long as price remains above this High POI zone, continuation is favored.

📈 Breakout & Price Action

Earlier bearish breakouts to the downside failed, followed by strong bullish displacement.

Current structure shows bullish consolidation above the High POI, suggesting continuation rather than reversal.

Pullbacks into the High POI / trendline area are viewed as buy-the-dip opportunities.

🎯 Targets

🎯 Primary Target:

5,120 – 5,150 (Range High / Liquidity Grab Zone)

🎯 Extended Target (if momentum accelerates):

5,180 – 5,220

🛑 Invalidation Level:

Sustained close below 4,950 would weaken the bullish continuation scenario.

✅ Conclusion

Gold remains structurally bullish, supported by strong demand and trendline respect. Holding above the High POI keeps the path open toward the range high target. Expect shallow pullbacks before continuation 📊✨XAU/USD – Bullish Continuation Above Key POI, Targeting Range High