XAUUSD Technical (Bullish Plan)GoldOANDA:XAUUSDUltraZone_ChartsXAUUSD Trade Setup (30M Chart) Resistance Level: 4,260 Support Level: 4,120 Target Zone: 4,250 – 4,265 Stop-Loss: Below 4,175 “Gold is currently trading between a well-defined support zone at 4,120 and a resistance zone at 4,260 on the 30-minute timeframe. After testing the support multiple times, price has started forming a short-term bullish structure, suggesting buyers are stepping in from this demand area. The chart shows a clear consolidation phase, with lower volatility near the support level. This often indicates accumulation before a potential upward move. As long as price remains above 4,120, bullish momentum remains intact. The marked target zone around 4,240 – 4,250 aligns with previous reaction points where price showed hesitation, making it an ideal level for profit-taking. Meanwhile, the stop-loss placed below the support area ensures protection against unexpected downside moves. Overall, the structure reflects a controlled bullish setup with a favorable risk-to-reward ratio, provided price stays above the key support.” Trend: Early bullish recovery from support Bias: Buy above 4,120 Key Resistance: 4,260 Take-Profit Zone: 4,250 – 4,265 Stop-Loss: Below 4,175 Invalidation: Breakdown under 4,120 closes bullish scenario