XAUUSD: Buying Support Zone | Targeting Upward Gap Fill at 0.618 Fib

XAUUSD has completed a pullback following a downward move and is currently forming a base around the 4120.00 support zone.

Key Technical Levels & Setup:

• Support / Entry Zone: Strong support holding at 4120.00 - 4130.00.
• Fibonacci Targets:
  • TP 1: 0.382 Fib (~4172.50)
  • TP 2: 0.500 Fib (~4191.60)
  • TP 3 / Primary Target: 0.618 Fib (~4210.70) to fill the liquidity gap.
• Stop Loss: Below key support at 4110.00.

Outlook: Looking for a bullish continuation off the 4120 demand level to fill the fair value gap above, targeting the 0.618 Fibonacci level (~4210.70). Monitor price action around 4148 (0.236 Fib) for initial confirmation of bullish momentum.