Gold Spot / U.S. Dollar
Long
Updated

XAUUSD | GOLD | BUY IDEA

656
🥇 XAUUSD | GOLD | BUY IDEA

📍 Buy Interest Zone: 4098 – 4105 (retest/FVG area)

🎯 Target 1: 4135
🎯 Target 2: 4168 – 4172 (first marked target zone)
🎯 Target 3: 4208 – 4220 (upper bearish rejection zone)

🛑 Risk Control: A sustained break and close below 4065 would weaken this bullish idea and suggest reassessing the setup.

📊 Market Rationale

Price is testing a confluence area formed by the highlighted retest zone and fair value gap (FVG). If buyers defend this region and bullish confirmation appears, price could attempt a move toward the marked resistance levels. A confirmed breakdown below the support area would invalidate this bullish scenario.

Note: This is an educational technical analysis based only on the chart provided, not financial advice. Always wait for confirmation and apply appropriate risk management.
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