XAUUSD NEXT POSSIBLE MOVE

Gold is currently hovering around key support zones, where price has shown strong reactions in the past. If the market gives respect to these lower supports, a potential bullish reversal can take place.

We can observe that the price is slowing down its bearish momentum and attempting to form a base near the support region. A clean bullish candle formation or a shift in structure could confirm buyers’ presence and indicate that the market is preparing for a possible upside move.

As long as the support holds and price sustains above it, buyers may remain in control. This setup favors a buy scenario, but patience is required for confirmation from price action before execution.