Gold Spot / U.S. Dollar
Long
Updated

Gold 4H Bullish Reversal Setup from Demand Zone Target 3115

189
Here’s the updated short analysis with the Key Point included:

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This 4H XAU/USD chart shows a potential bullish setup forming after a sharp sell-off. Price has tapped into a higher time frame demand zone** (blue), indicating possible buyer interest.

The **Key Point level (around 3,048–3,050) marked in pink acted as previous support and now resistance. A break and hold above this zone could signal strong bullish momentum toward the target zone around 3,115–3,120 (green area).

The projected price path suggests possible consolidation or a sweep of lows before a rally toward the target. Buyers will likely be watching for signs of reversal and confirmation near the blue zone to go long.

Entry Zone: Around 3,010–3,020 (inside the blue demand zone)
🎯 Take-Profit Levels:
TP1: 3,048 — Just before the Key Point resistance zone, partials can be taken here in case of rejection.

TP2: 3,080 — Mid-range resistance before the main target, aligns with previous consolidation.

TP3 (Final Target): 3,115–3,120 — Main target zone marked on chart; strong supply area and potential reversal zone.
Trade active
trade active, gold reached support now buy gold now
Trade closed: target reached
congratulations all target achieved

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