XAUUSD - BULLISH STRUCTUREGOLD (US$/OZ)TVC:GOLDGlobal_Gold_InsightsXAUUSD Daily Outlook — Key Support Zone and Major Targets in Focus XAUUSD is currently at an important decision area on the daily chart. Price has pulled back from the recent recovery zone and is now trading around the 4,407 area, with the chart showing a key support/FVG region around 4,400–4,430. The broader structure remains corrective after the strong rejection from higher levels, while the market is also reacting to renewed expectations for a possible September Fed rate hike following stronger U.S. employment data. Gold is currently under pressure, with upcoming U.S. PPI and CPI data likely to be important catalysts for the next major move. 📊 Bullish Scenario: The bullish case remains valid if buyers continue defending the 4,400–4,380 support region and price forms a strong rejection or bullish reversal from this area. A recovery above 4,433–4,450 would improve the short-term structure, while a sustained breakout above the 4,619 FVG resistance shown on the chart would provide stronger confirmation of a larger bullish continuation. If buyers reclaim the upper resistance area, the next major objectives from the chart are around 4,800–4,820, followed by the 5,150–5,250 major resistance zone. 🎯 Bullish Targets: • 4,433–4,450 • 4,619 • 4,800–4,820 • 5,150–5,250 A move above 4,619 would be particularly important because it would suggest that buyers are successfully reclaiming the recent supply/FVG area and could shift the daily structure toward a stronger recovery. 🔴 Bearish Scenario: The bearish scenario becomes stronger if XAUUSD fails to hold the 4,400–4,380 support area and sellers achieve a confirmed daily breakdown. The first important downside area is the 4,200–4,110 demand zone shown on the chart. If that region also fails, price could revisit the major liquidity area around 4,000 and potentially the 3,900 region. The current fundamental backdrop also supports caution on the downside. Strong U.S. payroll data has increased expectations for Fed tightening, while higher yields and a stronger dollar can pressure non-yielding gold. () 🎯 Bearish Targets: • 4,380 • 4,200 • 4,112 • 4,000 • 3,900 📈 Trading Perspective: From the daily-chart perspective, 4,400–4,430 is the immediate battlefield. Buyers need to defend this area and establish higher lows to create a sustainable recovery. Sellers, meanwhile, need a clean break below the support zone to confirm continuation toward the lower demand areas. The chart structure shows a previous descending trendline being challenged by the recent recovery. Price has already reacted strongly around the 4,600–4,620 FVG resistance, so this area remains important for determining whether the current move is simply a retracement or the beginning of a larger bullish reversal. For a bullish trade, waiting for a confirmed rejection from support or a breakout-and-retest above resistance would provide better confirmation than entering in the middle of the range. For a bearish setup, traders can watch for a breakdown below 4,380 followed by a failed retest. 🔑 Key Points: • Current price area: around 4,407 • Immediate support: 4,400–4,380 • Key resistance: 4,433–4,450 • Major FVG resistance: around 4,619 • Primary upside target: 4,800–4,820 • Major resistance: 5,150–5,250 • Major demand: 4,200–4,110 • Major liquidity: around 4,000 • Bullish confirmation: sustained move above 4,450 and especially 4,619 • Bearish confirmation: daily break below 4,380 • Stronger bearish continuation: break below 4,110 ⚠️ Fundamental Risk: Gold is entering a potentially volatile week. Markets are focusing on U.S. inflation data after the stronger-than-expected employment report increased the probability of a September Fed rate hike. Reuters reports that gold found support above roughly 4,320 while resistance remains near 4,500, with PPI and CPI scheduled to provide the next major policy clues. A hotter-than-expected inflation reading could strengthen the dollar and Treasury yields and increase pressure on XAUUSD. Conversely, softer inflation could reduce rate-hike expectations and give gold room to recover toward the 4,500–4,620 resistance area. 🛡️ Risk Management: Avoid chasing large candles, especially around U.S. economic releases. Use confirmation from the daily or lower-timeframe structure, keep the stop-loss beyond the invalidation level, and adjust position size according to the distance of the stop. The 4,400–4,380 area is particularly important for the current setup. Overall, XAUUSD is at a major decision zone. Above 4,380–4,400, buyers still have an opportunity to build a recovery toward 4,450, 4,619 and eventually 4,800+. A confirmed breakdown below 4,380 would favor sellers and could expose 4,200–4,110, followed by the 4,000 liquidity area. The next major directional catalyst is likely to come from U.S. inflation data and the resulting reaction in the dollar and Treasury yields.