
XAUUSD | Bullish Recovery From Major Demand Zone
Gold is currently reacting from a significant demand zone around 4250 - 4270, an area that has already attracted buying interest multiple times. After trading within a broader corrective channel, price is testing a key support region that aligns with previous reactions and discount pricing. The highlighted setup focuses on a potential bullish continuation if buyers maintain control of the current demand area. A successful defense of support could allow price to reclaim nearby resistance levels and gradually target the upper supply zone highlighted on the chart. Rather than anticipating an immediate breakout, I'm watching for confirmation above short-term structure and sustained buying pressure from the demand zone. 🔍 Technical Confluence ✅ Strong demand zone reaction ✅ Price trading near channel support ✅ Discount pricing relative to recent range ✅ Potential liquidity draw toward overhead resistance 🎯 Bullish Targets 🎯 TP1: 4305.00 🎯 TP2: 4440.00 🎯 TP3: 4650.00 📍 Key Support Zone: 4250.00 - 4270.00 ❌ Bullish scenario weakens if price establishes sustained acceptance below the highlighted demand zone. Note: Educational market analysis only. This is a possible market scenario, not financial advice.










