# **XAU/USD (Gold) Technical Analysis XAU/USD Spot - GoldFX:XAUUSDFX_TRADER_86### **Market Structure** Gold remains in a **strong bullish trend**, forming a sequence of **higher highs and higher lows** after reversing from the recent swing low. Buyers have regained control, and momentum is clearly favoring the upside. The recent impulsive rally successfully **broke above a key resistance zone**, confirming a bullish market structure shift. Price is now consolidating after the breakout, which is a healthy sign before a potential continuation. --- ## **Key Technical Levels** ### 🟣 Support / Demand Zone **4,076 – 4,084** * Previous resistance has turned into support. * This area is the highest-probability buying zone. * A successful retest with bullish confirmation could trigger the next leg higher. ### 🔴 Immediate Resistance **4,125 – 4,135** * This is the recent swing high where sellers previously entered. * A decisive break above this level would confirm continuation of the uptrend. --- ## **Trade Setup** ### ✅ Preferred Entry * Wait for price to retrace into the **4,076–4,084 demand zone**. * Enter only after a bullish rejection candle (Bullish Engulfing, Pin Bar, or Strong Momentum Candle). ### 🛑 Stop Loss * Below **4,070** or beneath the recent swing low. ### 🎯 Take Profit Targets * **TP1:** 4,120 * **TP2:** 4,135 * **TP3:** 4,150–4,170 (if bullish momentum remains strong) --- ## **Technical Confluence** * ✔ Bullish market structure (Higher Highs & Higher Lows) * ✔ Breakout above resistance * ✔ Resistance turned into support * ✔ Strong bullish momentum * ✔ Healthy pullback expected before continuation These confluences increase the probability of a successful **buy-on-retest** setup rather than chasing price at current levels. --- ## **Risk Management** * Never buy after an extended rally without confirmation. * Risk **1–2%** of account equity per trade. * Wait for price action confirmation inside the demand zone. * Maintain a minimum **Risk-to-Reward ratio of 1:2 or better**. --- # **Professional Outlook** The overall bias remains **bullish** as long as Gold holds above the **4,076–4,084 support zone**. A controlled pullback into this area is likely to attract fresh buyers and provide a higher-probability long opportunity. If buyers defend support and price breaks above **4,135**, the next bullish expansion toward **4,150–4,170** becomes increasingly likely. **Bias:** 🟢 **Bullish** **Strategy:** **Buy the Retest, Not the Breakout** **Market Sentiment:** Buyers remain in control until the support zone is decisively broken.