XAUUSD 29/06 - Smashing Through to Target 2?GoldOANDA:XAUUSDRichard_PrimeInsightsXAUUSD Gold is demonstrating strong structural accumulation on the H1 timeframe successfully building a localized bullish reversal matrix away from its macro support floor Following a definitive defense of the historical Support baseline the immediate price action has cleared localized supply barriers with aggressive internal expansion blocks and is now executing a highly efficient technical retest of the broken liquidity zone Global Context The broader financial spectrum continues to navigate intense structural volatility forcing massive capital relocations between safe haven assets and premium dollar matrices ahead of key economic data releases Smart money has perfectly engineered this technical floor to trap overeager breakout sellers at the absolute market bottom before initiating a high velocity upward impulse wave This temporary downward correction behaves like a classic liquidity engineering mechanism pulling price action directly back into the 4045 4055 Entry zone to mitigate institutional orders and capture early short stops before an aggressive demand wave expands straight toward Target 1 and Target 2 Technical Playbook The Bias Short Term Bullish Retest / Medium Term Structural Expansion we are strictly focused on tracking this dynamic demand floor to ride the multi stage upward delivery corridor The Main Horizons tactical execution focal points are locked directly on the 4045 4055 Entry block and the 4090 Target 1 liquidity array The Target Path following the structural layout price action is projected to surge into Target 1 first before executing a secondary expansion leg toward the primary premium ceiling at Target 2 where heavy historical sellers rest Invalidation the entire bullish reversal framework is instantly invalidated if the market registers a sustained H1 candle close completely below 4030