Gold Buy Setup | Gap Fill Complete, Buyers Eye 4060GoldOANDA:XAUUSDGold_Market_MindXAU/USD (Gold) 15-Minute Technical Analysis Bias: 🟢 Bullish (Buy on Support) The chart shows price pulling back after breaking below the rising channel, creating a potential fake breakdown/liquidity sweep near support. Buyers appear to be defending the 3985.80 demand zone, increasing the probability of a bullish rebound if this level continues to hold. Key Technical Observations Channel Breakdown: Price slipped below the ascending channel, but momentum remains limited, suggesting a possible false breakout. Liquidity Grab: The circled area highlights where liquidity was likely taken before the market moved lower. Support Zone: 3985.80 is the immediate demand area where buyers may re-enter. Resistance Levels: 4010–4015 (first obstacle) 4020–4025 (recent swing high) 4060.30 (major bullish target) Trading Plan (Bullish Scenario) Entry: 3986–3992 (after bullish confirmation/rejection candle) Stop Loss: 3969.25 (below support) Take Profit 1: 4010 Take Profit 2: 4025 Take Profit 3: 4045 Take Profit 4: 4060.30 Invalidation A strong 15-minute candle closing below 3969.25 would invalidate the bullish setup and could expose the market to deeper downside toward 3955 and 3940. Conclusion The overall structure favors a buy-the-dip strategy while price remains above 3969.25. Holding the 3985 support zone could trigger a recovery toward 4060, offering an attractive risk-to-reward opportunity. Wait for bullish price action confirmation before entering rather than buying immediately.