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XAUUSD – Potential Reversal Zone and Structural Projection

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This chart highlights a possible short-term completion of the current upward leg, followed by a deeper corrective move toward the lower support zone near 4038, before a potential bullish continuation toward the 4107 area.

The projection is based on simple market structure:

Price has reached a previous reaction zone.

A corrective wave may form if rejection appears.

A new impulse could develop from the lower support level.
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