🥇AURICVERSE MARKET OUTLOOK - XAUUSD H1(May 12th)

Gold is currently pulling back after reacting from the short-term supply zone, but overall structure still remains constructive as long as buyers defend the breakout area around 4660 - 4645.

Right now, the market is entering an important decision point.

This next reaction will likely determine whether gold continues expanding higher toward premium supply, or loses momentum and rotates deeper into demand.

🌐Current Structure

Bullish impulsive move created multiple imbalance zones below

Price rejected from near-term supply and started retracing

Current move looks like a potential breakout retest

Buyers still maintain structure while price holds above 4645

The retracement itself is healthy for the trend - the key is whether demand reacts strongly again.

🔖Key Zones To Watch

🔴Reaction Level: 4715

🔴Supply Zone: 4755 - 4765

🔴Major Supply Zone: 4825 - 4840

🔵Breakout / Demand Zone: 4660 - 4645

🔵Lower Demand Zones

4560 - 4545 → first major demand

4520 - 4505 → deeper HTF demand and liquidity zone

📊Scenarios

Bullish Continuation

Price holds above 4645

Forms bullish reaction from demand

Targets: 4715 - 4760 - 4825

Bearish Scenario

Breakdown below 4645

Failed breakout retest

Momentum shifts lower into deeper demand zones

Targets: 4560 - 4520