XAU/USD: Bullish Reversal Brewing at Key Support – Position for the Next Leg Up

The Setup: Gold Consolidates for a Push Higher

While XAU/USD has seen a slight pullback of -0.25% over the past 24 hours, currently trading at 2912.7, I see this as a healthy consolidation within a broader bullish structure. The market is trending sideways, but the action around the 2901.75 support level, which marks the lower end of the day range (2901.75 — 2923.65), is particularly compelling. This zone has shown resilience, and I believe we're witnessing institutional order flow accumulating at these levels before the next leg up. My analysis