#GOLD ANALYSIS (1D Timeframe)GOLD/USDT PERPETUAL SWAP CONTRACTXTCOM:GOLDUSDT.Pcrypto_vulture_signalsGOLD has formed a double bottom pattern, signaling a potential bullish reversal after an extended downtrend. Price has already bounced from the second bottom and is attempting to reclaim higher levels. 📍 Current Price: ~4,014 USDT 🟢 Key Support: 3,900–3,950 USDT 🔴 Key Resistance: 4,180–4,250 USDT Bullish Scenario If buyers maintain momentum above support, the double bottom breakout could lead to a strong recovery. 🎯 Target 1: 4,250 USDT 🎯 Target 2: 4,400 USDT 🎯 Major Target: 4,474 USDT Bearish Scenario A breakdown below the double bottom support would invalidate the bullish setup and could lead to another leg lower. 📉 Support Zone: 3,850–3,900 USDT ⚠️ Invalidation: Daily close below 3,900 USDT Market Outlook: Bullish. The double bottom pattern suggests buyers are defending key support. A sustained move above 4,180–4,250 USDT would strengthen the case for continuation toward 4,474 USDT.