XAUUSD: Bullish Reaction from IFVG Targeting Higher ResistanceGOLD (US$/OZ)TVC:GOLDPremiumTrader57Analysis: Gold is showing a potential short-term bullish structure after a prolonged downtrend. Key Observations: Descending Trendline Price has been respecting a clear descending trendline from the previous highs. Multiple Breaks of Structure (BOS) Several BOS to the downside confirmed the bearish move. However, the most recent price action is attempting to reverse. IFVG (Imbalance / Fair Value Gap) The red zone around 4280–4305 is marked as IFVG. Price has reacted from this area and is currently holding above it. Projected Path The chart shows a possible pullback followed by an upward move toward the blue resistance zone near 4360–4370 (also aligning with the descending trendline). Potential Trade Plan (Educational Example): Bias: Short-term Bullish Buy Zone: 4300 – 4315 (above IFVG) Stop Loss: Below 4280 Take Profit 1: 4340 Take Profit 2: 4365–4370 (blue zone + trendline) Risk : Reward ≈ 1 : 2 This is a classic example of price reacting from an imbalance (IFVG) after a series of bearish Breaks of Structure, looking for a corrective move higher. This analysis is for educational purposes only. Always manage your risk properly.