GOLD (XAUUSD) — Bullish Reversal Setup | Key Levels to Watch

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GOLD (XAUUSD) — Bullish Reversal Setup | Key Levels to WatchGOLD (US$/OZ)TVC:GOLDZkGoldTraderGold is showing signs of a short-term bullish reversal after reacting strongly from the 4,340–4,360 demand zone. Price has bounced from the recent low and is now attempting to reclaim the short-term moving averages. The key question is whether buyers can maintain momentum above the 4,400 area. 📈 Bullish Scenario If price holds above 4,390–4,400, I’m watching for continuation toward: 🎯 TP1: 4,435 🎯 TP2: 4,480 🎯 TP3: 4,505–4,515 A clean break and close above 4,435 would strengthen the bullish structure and could open the door toward the upper resistance zone. ⚠️ Invalidation The bullish setup weakens if Gold loses 4,360 decisively. A break below the 4,340–4,350 demand area could signal another bearish move and invalidate the current reversal idea. 🔑 Levels That Matter Resistance: 4,435 → 4,480 → 4,505 Support: 4,390 → 4,360 → 4,340 🧠 My View The recent reaction from demand is encouraging, but I don't want to chase the move blindly. Confirmation above resistance is key. For now, the bias remains cautiously bullish above 4,390, with the 4,435 breakout being the major confirmation level. Plan the trade. Manage the risk. Let price confirm the idea. What do you think — bullish continuation or another rejection? 👇