XAU/USD (Gold) 45-Minute Chart*

# **XAU/USD (Gold) – Bullish Retest & Continuation Setup | 45-Minute Chart** ### **Market Structure** Gold has shifted into a **bullish market structure** after breaking above the previous swing resistance around **4,380–4,400**. The strong impulsive move toward **4,520** confirms aggressive buyer participation. The current price action is showing a **pullback/retracement** from the recent high, which can provide a potential opportunity for a **buy-on-retest setup**. ### **Key Entry Zone** 📍 **Entry Zone: 4,435–4,450** The highlighted green zone represents the area where price may find demand. A bullish reaction from this region would support continuation of the prevailing upward structure. **Preferred confirmation:** * Bullish rejection/engulfing candle inside the zone * Lower-timeframe bullish market-structure shift * Strong buying volume/momentum * Price holding above approximately **4,430** ### **Take-Profit Zone** 🎯 **TP1: 4,500** 🎯 **TP2: 4,515–4,520** The **4,500–4,520** region is the major resistance/target area marked on the chart. This corresponds closely with the recent swing high, so partial profit-taking around this area would be reasonable. ### **Invalidation** ⚠️ A sustained break and close below **4,430** would weaken the bullish setup. If price decisively breaks the demand zone, the expected continuation toward 4,500–4,520 becomes less reliable. ### **Trade Scenario** **Bullish scenario:** Price retraces into **4,435–4,450 → finds support → confirms bullish reversal → targets 4,500–4,520.** **Bearish scenario:** Price breaks decisively below the entry zone → bullish setup is invalidated → deeper retracement becomes possible. ### **Professional Bias** **🟢 BULLISH — BUY THE RETEST** The chart favors **buying a confirmed pullback rather than chasing the previous impulsive move**. The strongest setup would be a clean rejection from the **4,435–4,450 demand zone**, followed by renewed bullish momentum toward **4,500 and potentially 4,520**. **Risk management:** Wait for confirmation at the entry zone and avoid entering simply because price touches the zone.