XAU/USD Bounce Alert - Bullish Reversal in Play!

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๐Ÿ’› XAU/USD Demand Bounce โ€“ Bullish Setup Activated!

๐Ÿ‘จโ€๐Ÿ’ป Dear traders,
Gold (XAU/USD) is showing a solid reaction from a well-formed demand zone near $3,308, with bullish candles forming a potential reversal pattern on the 1H timeframe. Buyers are stepping in after extended downside pressure.

Bias โ€“ Bullish (Intraday Play)

๐ŸŽฏ Target 1 โ€“ $3,380
๐ŸŽฏ Target 2 โ€“ $3,397
๐ŸŽฏ Final Target โ€“ $3,410
๐Ÿ›‘ Stop Loss โ€“ $3,297

๐Ÿ“Š Reasoning:
โ€“ Clear rejection from a previous support-turned-demand zone
โ€“ Green box = ideal long entry zone, red box = safe stop placement
โ€“ Yellow arrows indicate projected bullish path
โ€“ RSI divergence and increasing volume support bullish case
โ€“ Good R:R ratio for scalpers and short-term buyers

๐Ÿช™ Wait for strong candle confirmation and manage risk!

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