Gold (XAUUSD) 15-Min Structure Analysis

📊 Gold (XAUUSD) 15-Min Structure Analysis
🔻 Support Zone:
3245–3255 region

This is the recent demand zone where price reversed with bullish momentum.

Multiple rejections suggest strong buyers are active here.

🔸 Current Price Area:
3265–3270

Price is forming a bullish flag / cup & handle type structure.

Minor pullback within uptrend – ideal for continuation if higher low forms.

🔺 1st Resistance Zone:
3284–3294

Previously broken support turned resistance (Fibonacci 0.618 area).

Expect some consolidation or rejection here.

🔔 TP1 zone if long from 3262

🔺 2nd Resistance Zone:
3320–3335

Major resistance zone aligning with past price action and fib extension levels.

Break above this zone could trigger a rally toward 3345+

🔔 TP2 / TP3 zone

🧠 Market Bias:
Short-Term: Bullish above 3255

Structure: Higher highs and higher lows on LTF (15m/1H)

Watch for bullish engulfing or breakout candle above 3275–3280 for confirmation toward next resistance