XAUUSD | Clean Bullish Reversal From Demand | Eyes On 3344+

Market Context:
Gold (XAUUSD) has recently completed a sharp bearish leg, forming a potential bottom at the 3314–3318 demand zone. The price is now showing a short-term reversal structure with higher highs and higher lows on the 15-minute chart.

A breakout above the EMA (blue line) with bullish momentum confirms buying interest.

🧭 Technical Analysis:
✅ Demand Zone: 3314.59 – 3321.71 acted as a springboard for bullish price action

✅ Bullish Breakout: Price broke above EMA with strong candle bodies and volume

🔴 Supply Zone: 3344 – 3350 (first key resistance to watch for rejection or breakout)

⚙️ Risk Management: Trade setup with a tight stop and favorable risk-reward ratio

📌 Trade Setup
Entry Zone: 3322 – 3324 (confirmation after bullish breakout)

Stop Loss: 3314.50 (below demand zone)

Take Profit Levels:

🎯 TP1: 3333 (intraday resistance)

🎯 TP2: 3344 (supply zone)

🎯 TP3: 3350+ (extension target if momentum continues)

🧮 Risk:Reward ≈ 1:2+

📉 Invalidation
If price closes below 3314.50, the bullish setup is invalidated and further downside continuation is possible. Watch for a potential short opportunity if bearish pressure resumes near 3344.