XAU/USD Bullish Reversal from Support – 4,200 Resistance Targe
Gold (XAU/USD) is attempting a bullish recovery after holding firmly above the key **3,950 support zone**. Price has stabilized around the Ichimoku Cloud and is showing signs of building upward momentum. Buyers are defending the recent lows, suggesting a potential move toward the major descending trendline and horizontal resistance.
A successful break above the descending trendline would confirm bullish strength and could open the door for a rally toward the **4,200 resistance zone**, which is the next major target. As long as price remains above the highlighted support area, the bullish outlook remains valid. However, a breakdown below support would invalidate the setup and increase the risk of further downside.
**🎯 Target:** **4,200 USD**