Technical Overview
Bullish Order Block Zone The price has dipped into a key bullish OB area around 3287 – 3,320 showing signs of accumulation
Support Holding Immediate support lies at 3269 which has held on previous dips and could serve as the launchpad for a bullish continuation
Psychological Target Eyes are on the 3425 level a significant psychological barrier that aligns with previous highs
Potential Scenarios
1. Scenario 1 – Immediate Rejection Price holds above the order block and begins climbing targeting 3369 - 3414 and ultimately 3435
2. Scenario 2 – Deeper Retest A slight dip toward the lower OB zone before a strong bullish response and rally continuation
Support Zone: 3269 – 3320 (bullish order block)
First Target: 3369
Mid Target: 3414
Final Target: 3425 (psychological level)
Conclusion Gold is respecting a well-defined bullish structure, and the order block is a key zone to monitor for potential long setups. Bulls may regain control if this zone continues to hold firm
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