XAU/USD – 30M Market Structure
This chart highlights a recovery after several reactions from the same support area. The marked circles identify swing highs where upward movement slowed before pulling back. Each reaction provides useful information about the current market structure.
Price recently revisited the highlighted support zone and responded with a strong bounce, showing that buyers remain active around this area. The latest candles are building a short-term recovery while approaching the most recent swing high.
As long as price remains above the highlighted support, the recovery structure stays valid. A move above the recent swing high would strengthen the current momentum toward the next resistance area. If price returns below the support zone, attention may shift toward lower levels.
This chart is shared for educational purposes and market structure discussion only.