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$XAU (1h) - Bullish Reversal Buy Zone
Bias: Long
Entry (Zone): 4,490 - 4,520
Targets:
TP1: 4,560
TP2: 4,600
TP3: 4,660
Stop Loss: 4,470
Why this Setup:
I’m watching this area for a bounce because price has already flushed into support and is trying to stabilize after the selloff. If buyers defend this zone, I expect a recovery back toward the prior reaction highs and a continuation of the broader bullish structure.