XAUUSD | Bullish Compression – Target 5,500Gold is compressing beneath higher-timeframe supply after a strong impulsive advance, with higher-low structure firmly intact. The 5,000–5,100 demand zone continues to attract bids, signaling absorption rather than distribution.
As long as price sustains above demand, the path of least resistance remains higher, targeting liquidity resting above 5,400 into the 5,500 region. A decisive breakdown below demand would negate the continuation thesis.
Long
