Gold ABC Pattern Suggest Powerful Breakout

GOLD ANALYSIS 🟡 | Bullish Setup Building

Price is retracing after completing a corrective wave structure (A–B–C) under major descending trendline resistance. We're now sitting just above the 200 EMA and entering key demand zones aligned with ascending trendline support.

🔹 Confluences:

Trendline support + demand zone

200 EMA holding as dynamic support

Corrective structure complete (Wave C)

Higher timeframe bullish structure intact

📌 Buy Zones: $3,220 – $3,180
🎯 Target: Retest of $3,434
🛑 Invalidation: Clean break below $3,160

Price is setting up for a potential bullish continuation — watching for bullish confirmation from these demand zones. Patience is key.