XAUUSD Bullish Reversal After Channel Breakdown | Target 4301GoldOANDA:XAUUSDGold_Market_MindXAUUSD (Gold) – 15M Technical Analysis Market Structure: Bearish with a potential bullish rebound setup. The chart shows price breaking down from a descending channel after failing near the upper trendline. The breakout triggered strong selling pressure, pushing XAUUSD toward a key support zone around 4240–4222. Key Levels Buy Entry: 4244.092 Support Zone: 4240 – 4222 Stop Loss: 4221.053 Target: 4301.351 Technical Outlook Price has reached a significant support area after the bearish channel breakdown. Sellers remain in control in the short term, but the support zone is attracting buying interest. The proposed setup anticipates a bullish rebound from support toward the 4301 resistance/target area. A sustained move above 4265–4275 would strengthen bullish momentum and increase the probability of reaching the target. If price closes below 4221, the bullish setup becomes invalid and further downside may follow. Trade Idea ✅ Bullish Reversal Setup Entry: 4244.092 Stop Loss: 4221.053 Take Profit: 4301.351 Risk-to-Reward Ratio: Approximately 1:2.5