XAU/USD Bullish Setup Building Momentum

305
Gold has reclaimed bullish momentum after a strong bounce from the recent demand zone around 3319–3322. The chart shows a clear Change of Character (CHOCH) and subsequent Break of Structure (BOS), suggesting buyers are regaining control. Price is now trading above the Ichimoku cloud, further confirming bullish pressure. The upward arrow highlights the potential path toward the next key resistance area near 3380–3400. As long as price sustains above the previous structural break and the cloud base, continuation toward the upside remains likely. Market structure favours buying opportunities on dips, with bulls targeting a higher move in the short term.

Entry Buy: 3334
Target Point: 3404

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