Gold is currently trading inside a well-defined bullish structure after completing a healthy pullback into a confluence of a 15-minute Order Block and an unfilled Fair Value Gap (FVG). The recent rejection from this demand zone indicates that buyers are actively defending lower prices, while the overall higher-low structure remains intact.

From a Smart Money Concepts perspective, the market has returned to a discounted price area where institutional buying interest is typically expected. The descending trendline that has capped price action is now being tested once again, and a successful breakout above this dynamic resistance would confirm a continuation of the prevailing bullish momentum.

The Order Block and FVG together create a strong confluence zone, increasing the probability of a bullish reaction. As long as price continues to hold above this support region, buyers remain in control. A decisive break above the descending trendline could trigger fresh buying pressure and open the path toward the premium liquidity resting above recent swing highs.

The bullish outlook would only weaken if price closes decisively below the Order Block, invalidating the demand zone and shifting short-term momentum back in favor of sellers. Until then, the technical structure continues to favor upside expansion.

🟢 XAU/USD BUY SETUP 📈

💰 Entry: 4260 – 4262

🎯 TP1: 4272
🎯 TP2: 4282
🎯 TP3: 4292
🎯 TP4: 4300

🛑 Stop Loss: 4247

Why Buy? 📊

✅ Price is reacting from a strong 15M Order Block.
✅ An unfilled Fair Value Gap (FVG) is providing additional institutional support.
✅ The market remains above the key demand zone, preserving the bullish market structure.
✅ A breakout above the descending trendline could accelerate bullish momentum toward premium liquidity.
✅ Risk-to-reward remains favorable while price holds above the Order Block.