XAU/USD – Trendline Support Holding, Preparing for Bullish ?📊 Market Structure (1H):
Gold is showing signs of bullish recovery after a corrective phase. The market has formed a clear trendline support with higher lows, indicating that buyers are stepping in gradually. The recent rejection from the breakout zone suggests a liquidity grab before a potential upward move.
🔑 Key Technical Insights
🔴 1️⃣ Breakout Rejections (Liquidity Traps)
Multiple breakout attempts were rejected, indicating buy-side liquidity sweeps. These fake breakouts often occur before the market shifts direction. 🎯
📈 2️⃣ Trendline Support Holding Strong
Price is respecting a rising trendline, confirming bullish structure formation. As long as price holds above this line, buyers remain in control. 🟢
📍 3️⃣ FVG – RBS Entry Zone
The 4350 – 4380 zone acts as a Fair Value Gap (FVG) + Resistance Becoming Support (RBS).
This is a prime area for bullish entries if price retraces. 💡
📦 4️⃣ High Probability POI
The 4400 – 4420 zone is a key reaction area, where price is currently stabilizing. A strong hold here increases the probability of an upward move. 🔵
📈 Bullish Scenario
Expected move:
➡️ Minor dip into FVG zone (≈4360) 🔄
➡️ Trendline support holds 📈
➡️ Strong bullish continuation 🚀
🎯 Targets:
🎯 Target 1: 4500 🎯
🎯 Target 2: 4560 🎯
🎯 Final Target: 4600 – 4650 zone 🚀🔥
⚠️ Alternative Scenario
If price breaks below 4350, we may see a deeper retracement toward 4300 – 4320 pivot zone before any bullish continuation. 📉
✅ Summary
Gold is currently in a bullish accumulation phase, supported by trendline + FVG confluence.
As long as support holds, the market is likely preparing for a bullish expansion toward 4600+. 🚀📊
Long
