$XAU LONG GOLD AT A MAJOR BOUNCE ZONE
#Gold has dropped into a key demand area around $3,850–$3,900. I'm watching for buyers to defend this zone and trigger a possible recovery.
Entry: $3,850–$3,900
TP1: $4,000
TP2: $4,200
TP3: $4,300
SL: $3,790
If gold confirms a bullish reversal, a recovery toward $4,000 could be the first move. A break below $3,800 would weaken this setup.
#Gold has dropped into a key demand area around $3,850–$3,900. I'm watching for buyers to defend this zone and trigger a possible recovery.
Entry: $3,850–$3,900
TP1: $4,000
TP2: $4,200
TP3: $4,300
SL: $3,790
If gold confirms a bullish reversal, a recovery toward $4,000 could be the first move. A break below $3,800 would weaken this setup.
