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XAUUSD 15M Bullish Reversal from Channel Support Toward 4,950

152
Market Structure


Price is respecting an ascending channel.


Strong impulsive drop tapped into the 4,840–4,845 support zone.


Immediate recovery shows buyers defending structure.


Higher lows still intact on intraday timeframe.



📌 Key Levels


Support: 4,840 – 4,845


Entry Zone: 4,855 – 4,860 (pullback area)


Immediate Resistance: 4,920


Target: 4,950


Stop Loss: Below 4,840



📈 Trade Idea (Bullish Scenario)
If price holds above 4,840 support:


Look for pullback toward 4,855–4,860


Target upside continuation toward 4,950


R:R remains favorable while structure holds



⚠️ Invalidation


Clean 15M close below 4,840 shifts bias bearish


Breakdown could send price toward 4,820 / 4,800



🧠 Outlook
Short-term momentum favors bullish continuation as long as support holds. A liquidity sweep into the entry zone before expansion higher is the most probable path.

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