XAUUSD Bullish Retest Setup | Support Holding, Eyes on 4140GoldOANDA:XAUUSDGold_Market_Mind📊 Market Structure Timeframe: 15 Minutes Current Price: around 4074.4 Bias: Bullish above support Structure: After a strong breakout from the intraday low, price formed a consolidation box near 4070–4080. The market is currently retesting the breakout area instead of making a new low, which is generally a bullish continuation signal. 🟢 Key Support Zone Support Area:4050.0 – 4061.0 Why this zone matters: Previous consolidation base. Buyer reaction area. Potential demand/liquidity zone. Your marked 4061.0 acts as the first important support. A successful bounce from this area increases the probability of another move upward. 🔴 Resistance Zone Immediate Resistance:4085 – 4090Major Resistance / Target:4140.7 – 4140.9 The chart suggests that if price breaks above the local range near 4090, momentum could accelerate toward the higher liquidity zone around 4140.7. 💧 Liquidity Zones Buy-side liquidity: Above 4088–4090 where recent highs are clustered. Sell-side liquidity: Around 4050–4060 where stops from late buyers may be resting. 📈 Trade Idea (Educational) Buy Entry 4061 – 4065 Stop Loss 4040.1 Take Profit Targets TP14085 TP24100 TP34120 TP44140.7 ⚠️ Bearish Scenario If price closes below 4061 and especially below 4050, the bullish setup weakens significantly. In that case, the market may revisit 4040 or lower before finding stronger demand. 🧠 Overall Bias BULLISH Breakout confirmed from the intraday bottom. Consolidation box suggests accumulation. Support at 4061 remains the key level to hold. A breakout above 4090 could open the path toward 4140.7. 🏷️ TradingView Title XAUUSD Bullish Retest Setup | Support Holding, Eyes on 4140