Gold Breakout Ahead? Key Support Holding Strong at 3205

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XAU/USD (Gold) has shown strong support around the 3205.797 level after a consistent downtrend in recent sessions. The current price is 3240.610, and the chart structure indicates a potential bullish reversal forming.

The market may retest the support zone once more before a sharp breakout to the upside. Key upside targets include:

First Target: 3282.118

Second Target: 3368.598

Final Target: 3443.916


This scenario remains valid as long as the price does not close below the 3205 support level.

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