XAUUSD has delivered a strong impulsive bullish move, reclaiming previous market structure and breaking above the recent Break of Structure (BOS) level. This suggests that buyers currently have short-term momentum.

Following the rally, price is trading above the previous resistance area while leaving behind two notable 4H Fair Value Gaps (FVGs). These imbalances may become areas of interest if price retraces before continuing its move.

🔍 Technical Observations

✅ Strong bullish impulse with increased momentum.
✅ Previous BOS has been reclaimed.
✅ Two 4H Fair Value Gaps remain unfilled.
✅ A 4H Order Block aligns with the lower imbalance zone.
✅ Weekly High remains the next major reference level above current price.

📈 Bullish Scenario

If buyers maintain control, a healthy pullback into one of the highlighted 4H FVGs could attract demand before another attempt toward the Weekly High. A sustained move above that level would strengthen the current bullish structure.

📉 Alternative Scenario

If price fails to hold above the reclaimed structure and loses the highlighted demand areas, momentum may weaken, leading to a deeper retracement into lower support zones.

🎯 Key Takeaway

This chart highlights how market structure, Fair Value Gaps, and Order Blocks can work together to identify potential reaction areas. Rather than anticipating direction, it is often useful to wait for price confirmation around these zones before developing a market bias.

⚠️ Educational Note:
This analysis is shared for learning and educational purposes only. It reflects one technical interpretation of the current market structure and does not constitute financial or investment advice.

🏷️ Tags:
#XAUUSD #Gold #PriceAction #ICT #SMC #MarketStructure #FairValueGap #OrderBlock #TechnicalAnalysis