GOLD 4H | Bullish Opportunity with Clear Fibonacci Targets

GOLD 4H | Bullish Opportunity with Clear Fibonacci Targets

The recent 4H structure on Gold (XAUUSD) suggests a potential bullish reversal from the key support zone near 3,321. The price action shows a strong reaction from demand, aligning with Fibonacci extension levels, offering attractive risk-to-reward opportunities.

Entry Zone: Around 3,321
Stop Loss: Below 3,295 (structure invalidation)
Take Profit Targets:
• TP1: 3,394
• TP2: 3,447
• TP3: 3,505
• Extended TP4: 3,546
• Final TP: 3,599

This setup aligns with confluence from previous resistance-turned-support, Heikin Ashi reversal signs, and Fib extensions. The bullish bias remains valid as long as price holds above the key SnR level (3,201).

Trade Management Tip: Consider securing partial profits at TP1 and TP2 while trailing the rest for higher levels.

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