Smart Money Concept

📈 Bullish Analysis – XAU/USD (15M)

Market Structure (SMC):
• Key support respected, showing buyers still in control.
• Break of Structure (BOS) and Change of Character (ChoCh) confirming a shift from bearish to bullish.
• False Breakup earlier, trapping sellers before the rally.
• Demand Zone clearly marked as the base of the move.
• Rejection confirms supply absorption and likely continuation to the upside.

Key Points:
• Market is aiming for a pullback to the rejection area to optimize entry.
• Main target: Resistance Zone marked as take profit.
GOOD LUCK TRADERS ;)