#xauusd#gold
After its previous downtrend, gold has exhibited a bullish structural recovery. The price has broken out of the short-term bearish structure and formed a CHoCH/MSS indicator, suggesting that downward momentum is weakening and buyers are regaining control of the market.
📈 Bullish Scenario
If the price retraces to the $4,355-$4,380 range and exhibits a strong upward reaction:
Demand → Return to the $4,440-$4,460 range
A return to the $4,440-$4,460 range would strongly confirm that buyers have successfully regained short-term control and are moving higher.