XAUUSD 1H- Breakout or Rejection Setup

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XAUUSD 1H - Breakout or Rejection SetupGOLD (US$/OZ)TVC:GOLDKeswantradesStructure | Trend | Key Reaction Zones Gold is consolidating between the demand zone (3,620-3,636) and breakout zone (3,645-3,658). Lower highs show bearish pressure, but buyers are holding demand, creating a decision point. Market Overview Price action suggests a compression phase. If 3,640-3,645 breaks with bullish momentum, the market can rally strongly. On the other hand, rejection here may send gold back to the demand zone. Key Scenarios Bullish Case (above 3,645-3,658) Target 1: 3,660 • Target 2: 3,674 •* Target 3: 3,697 X Bearish Case • Target 1: 3,620 Target 2: 3 3,615 * Target 3: 3,605 Current Levels to Watch Resistance : 3,645-3,658 / 3,674 Support : 3,620 / 3,613 + Disclaimer: For educational purposes only. Not financial advice.