XAU/USD bullish path is projected with higher highs towardTARGET

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XAU/USD bullish path is projected with higher highs towardTARGETGoldOANDA:XAUUSDThewiningtrades000SUPPLY Zone (Bottom Left): Marked where aggressive selling started previously. FVG (Fair Value Gap): Imbalance between buyers and sellers; often revisited. Support Zone (Middle Right): ~$3,260 - $3,280 — marked for potential price reaction or bullish reversal. Support (Lower): Much deeper level, around ~$3,160 — a critical demand zone in case of breakdown. 2. Resistance & Target Zones: First Target: ~$3,360 — Initial resistance, just above current price. Second Target: ~$3,400 — Next major resistance level. Third/Final Target: ~$3,455 - $3,480 — Strong resistance zone and potential exit point for longs. --- 🧠 Market Structure Insight: Current trend: Range-bound to slightly bullish in the short term. Price recently bounced near the support zone, suggesting bullish interest. A bullish path is projected with higher highs toward the targets — shown with the curved arrows. --- 📌 Trade Plan Visualization: Entry Area: Current price ($3,316) or near the support zone ($3,260–$3,280) Stop Loss: Below the lower support zone (~$3,250) Take Profits: TP1: ~$3,360 TP2: ~$3,400 TP3: ~$3,455–$3,480 This layered TP strategy reflects a scaling-out exit method — a pro move for managing risk and locking profits. --- ✅ Professional Observations: Multiple confirmations: Price is forming higher lows near support. Risk-Reward Ratio: Good setup with clear invalidation. Volume not shown: Would be useful for additional confirmation of breakout/rejection zones. Fair Value Gap (FVG): This area often acts as a magnet — price may return to fill it, which aligns with bullish projections. --- 🎯 Summary: This chart presents a high-probability long setup with well-defined support zones, clear targets, and smart risk management. Ideal for intraday to swing traders following technical structure and institutional trading concepts.