🔥XAUUSDT– Reversal Zone Loaded | Bulls Waking Up?
Gold has seen a sharp sell-off followed by tight consolidation near the lows, hinting at seller exhaustion. Price is holding above the panic wick zone (~4740) and forming a base on the 1H chart. This structure often precedes a relief bounce if buyers step in.
📊 Technical Snapshot
Strong rejection from the lows → downside momentum slowing
Sideways price action = accumulation zone
Mean reversion play toward previous supply levels
🧾 Trade Setup
Entry: 4890 – 4920
Stop Loss: 4840
Target 1: 5045
Target 2: 5115
💡 Bias: Intraday to short-term bullish recovery
⚠️ Note: Best taken with confirmation near entry zone; manage risk strictly.
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