XAU/USD (Gold) – 15M Intraday Analysis

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XAU/USD (Gold) – 15M Intraday AnalysisGoldOANDA:XAUUSDTRADE_WITH_CHARLIEPrice previously respected a rising channel. Breakout attempt happened, followed by a pullback into support zone (5115–5120). Current movement looks like a retest + continuation setup. Momentum is slowing on the pullback, suggesting buyers may step in. 📈 Bullish Scenario (Preferred) Entry Zone: 5115 – 5120 Stop Loss: Below 5080 Target 1: 5200 Target 2: 5235 Extended Target: 5260+ Reasoning: Support + previous demand area Structure still making higher lows Risk-to-reward is attractive (1:3+) If price holds above 5115 and forms bullish confirmation (engulfing / strong impulse candle), continuation toward 5230s is likely.