XAU/USD is showing signs of stabilization on the 15-minute timeframe after experiencing a prolonged bearish decline. Price has found support around the 3,977–3,980 region and is currently trading near 3,986, where buyers are attempting to defend the market. The chart highlights a potential bullish setup with an entry near 3,986.52, a stop loss at 3,976.93, and an upside target at 4,014.84.
The recent pullback from the 4,015 resistance area appears to be a healthy correction rather than a complete trend reversal. Buyers have previously reacted strongly from the highlighted demand zone, suggesting that institutional interest may still be present at lower levels. If price holds above support and forms higher lows, momentum could shift back in favor of the bulls.
A break above 3,995 would strengthen the bullish case and increase the likelihood of a move toward the 4,015 target. However, a decisive close below 3,977 would invalidate the setup and expose gold to further downside pressure. Overall, the short-term outlook remains cautiously bullish while support remains intact and buyers continue defending key levels.
The recent pullback from the 4,015 resistance area appears to be a healthy correction rather than a complete trend reversal. Buyers have previously reacted strongly from the highlighted demand zone, suggesting that institutional interest may still be present at lower levels. If price holds above support and forms higher lows, momentum could shift back in favor of the bulls.
A break above 3,995 would strengthen the bullish case and increase the likelihood of a move toward the 4,015 target. However, a decisive close below 3,977 would invalidate the setup and expose gold to further downside pressure. Overall, the short-term outlook remains cautiously bullish while support remains intact and buyers continue defending key levels.
Trade chiuso: stop raggiunto
sl hit
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