I have a buy analysis on XAUUSD due to the formation of a strong reversal candlestick (bullish engulfing), which has broken out from the previous bearish structure. After this movement, the price returned to a Fair Value Gap (FVG) region, highlighted in blue, indicating a possible imbalance zone where buyers can return to action. The entry is positioned within this region, with a target on the previous tops, signaling an expectation of continued upward movement.
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