📈$XAU (Gold) – Bullish Recovery Structure 🚀

Gold is showing a constructive rebound on the 4H timeframe, with price action gradually shifting from correction into a potential continuation phase.
🔍 Market Structure Overview
A rounded bottom formation is visible, typically signaling accumulation after a down move
Price has rebounded strongly from the ~4,500 demand area, confirming buyer interest at lower levels
Current action shows consolidation just under short-term resistance, suggesting momentum is being rebuilt rather than exhausted
📊 Key Zones to Watch
🟢 Demand Zone: 4,640 – 4,700 (buyers previously stepped in here)
🔴 Supply Zone: 4,865 – 4,880 (major resistance / profit-taking area)
⚡ Trading Plan (Momentum Continuation Setup) Bias: Bullish
Entry: 4,710 – 4,716
Target: 4,865 – 4,880
Stop Loss: Below 4,640
📈 Market Insight Gold is often sensitive to macro drivers like inflation expectations and geopolitical uncertainty. If the current support zone continues to hold, price has room to rotate upward into the higher liquidity area near resistance.
For now, structure remains recovery-focused — but the reaction at 4,880 will decide whether this is a breakout or just another rejection phase
$XAU ‌#GateSquareMayTradingShare