XAUUSD 15M: Bullish Recovery from Support Eyes 4320 Target

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XAUUSD 15M: Bullish Recovery from Support Eyes 4320 TargetGoldOANDA:XAUUSDGold_Market_MindXAUUSD (Gold) 15M Technical Analysis Market Structure: Bullish Recovery After Sharp Selloff The chart shows a strong bearish liquidation move from the 4380 area down to 4220, followed by an aggressive bullish rebound. Price has now reclaimed an important support zone around 4245–4255, indicating buyers are regaining control. Key Levels Support Zone: 4245 – 4255 Current Price: 4267 Target: 4320.78 Stop Loss: 4238.37 Bullish Scenario Price is holding above the marked support area and forming higher lows. Recent bullish candles suggest momentum is shifting back to buyers. If support remains intact, the market could continue toward 4300, with the projected target near 4320.78. A breakout above the recent intraday highs would further confirm bullish continuation. Risk Factors A break below 4245 would weaken the bullish setup. Closing below the stop-loss zone at 4238 could trigger renewed selling pressure and invalidate the recovery structure. Trading Idea ✅ Bias: Bullish 📈 Entry Zone: 4255–4265 (on confirmation) 🎯 Target: 4320.78 🛑 Stop Loss: 4238.37 ⚖️ Risk-to-Reward: Approximately 2.5:1