Gold Tests Major Supply After Explosive Rally on 30MXAU/USD Spot - GoldFX:XAUUSDCandleKing09Gold Tests Major Supply After Explosive Bullish Expansion Gold has delivered a powerful bullish move from the recent demand region around 4,330–4,360, with buyers rapidly pushing price through multiple short-term resistance levels. The sharp expansion toward 4,485 shows strong bullish momentum, but price has now reached an important area where the next directional decision could develop. The current 4,465–4,482 region represents a major supply and resistance zone highlighted by the previous market structure. Price has already pushed slightly above the upper boundary, creating the possibility of a liquidity sweep before a clearer reaction develops. After such an aggressive upward move, the market may need to rebalance. The key focus is now whether buyers can establish acceptance above this supply or whether sellers begin responding from the highlighted zone. Speculative Outlook If Gold extends slightly higher toward the 4,490–4,500 region but fails to sustain above the supply zone, a bearish rejection could indicate exhaustion of the current bullish expansion. This could open the possibility of a corrective move toward 4,450 and potentially the 4,430 region. However, if buyers continue absorbing the available supply and establish strong closes above the highlighted resistance, the bearish reversal scenario would weaken. In that case, Gold could continue its bullish expansion toward higher price levels. The reaction around the current supply zone will be important, as liquidity behavior, candle confirmation, and rejection strength could determine whether Gold enters a correction or continues its aggressive bullish trend.