XAUUSD – Pullback Only, Trend Not Broken Yet

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Gold is not reversing — this is a controlled pullback inside a broader bullish structure.

Price has rejected the upper zone and is now retracing to rebalance liquidity. As long as the key demand below holds, the bullish bias remains intact.

Key Technical View

Market is still respecting the rising structure.

Current drop is corrective, not a confirmed bearish CHoCH.

Strong demand cluster below aligns with trendline + prior imbalance → high reaction area.

Primary Plan – Trend BUY

Focus on BUY opportunities at discounted zones.

Wait for price reaction and structure confirmation — no chasing candles.

Upside Targets

TP1: 4,449

TP2: 4,477

TP3: 4,494

Risk Note
If price fails to hold the demand zone, step aside and reassess — patience > prediction.

➡️ Bias stays bullish until structure says otherwise.

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