XAUUSD Daily Analysis: Bullish Reversal From Major Support?

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XAUUSD Daily Analysis: Bullish Reversal From Major Support?GoldOANDA:XAUUSDLunadigitalGold has finally reacted from a significant daily support zone, where sellers failed to push the price lower after a liquidity sweep. The strong bullish rejection from this area indicates that buyers are stepping in, making this an important level to watch in the coming sessions. The Daily Fair Value Gap (D FVG) is currently acting as a key support area. As long as price continues to hold above this imbalance, the probability of further upside remains strong. A sustained move above recent highs could open the door for a rally toward the next major resistance zone around 4800–4850. Key Technical Highlights * ✅ Strong reaction from a major daily demand zone. * ✅ Liquidity below support has been swept. * ✅ Daily Fair Value Gap is providing bullish support. * ✅ Buyers are attempting to regain short-term market structure. * ⚠️ The 4800–4850 area remains the next significant resistance and should be monitored closely. Trading Outlook The overall structure suggests that Gold may be entering a recovery phase, but confirmation is still required. Traders should watch for higher highs and higher lows on the daily timeframe before expecting a sustained bullish continuation. A failure to hold above the D FVG could invalidate the bullish outlook and expose price to another downside move. Not Financial Advice. Trade at Your Own Risk.