XAUUSD Technical Analysis (15M Timeframe)XAU/USD Spot - GoldFX:XAUUSDForex_Market_InsightsGold is currently trading inside a well-defined intraday range after experiencing a sharp rejection from the 4,200–4,202 strong resistance zone. This level has repeatedly capped bullish momentum, confirming the presence of institutional supply. Following the rejection, price has retraced into a key Inversion Fair Value Gap (IFVG) and horizontal support around 4,162, where buyers are attempting to defend the market. The previous bullish impulse remains technically valid as long as price holds above this support. The recent pullback appears corrective rather than impulsive, suggesting that liquidity is being rebalanced before the next expansion. If buyers continue to absorb selling pressure within the IFVG, this area could serve as the foundation for another bullish leg toward the higher-timeframe resistance. Market structure is still bullish after the earlier Market Structure Shift (MSS), and the ascending trendline continues to support the overall trend. A successful defense of the current support zone followed by a strong bullish confirmation candle would significantly increase the probability of price revisiting the 4,200–4,205 resistance. A clean breakout above this zone could trigger further upside toward the next institutional liquidity objective. However, if the IFVG and support around 4,162 fail to hold, the bullish structure would weaken, increasing the likelihood of a deeper retracement toward the 4,150 demand area, where fresh buying interest may emerge. 📍 Trade Setup 🎯 Entry: 4162–4164 ✅ TP1: 4175 ✅ TP2: 4188 ✅ TP3: 4200 🚀 TP4: 4208 🛑 SL: 4150