XAU/USD – Potential Bullish Reversal Setup (1H Timeframe)GoldOANDA:XAUUSDUSA_CHINA_TRADERThis chart illustrates a possible bullish reversal on Gold (XAU/USD) after price tapped into a demand zone. The market shows a sharp decline followed by a strong rejection from the highlighted pink demand area, suggesting buyers may be stepping in. ✨ Key Highlights: Demand Zone (Reversal Area): Price reacted strongly from the pink zone, indicating potential bullish pressure. Retracement Target Zone: The blue zone above is marked as the next expected reaction area, where price may pull back before continuing upward. Trendline Projection: The steep upward trendline shows a possible recovery trajectory if bullish momentum holds. 🎯 Targets: Target 1: 4,100 (approach to the lower blue zone) Target 2: 4,119 (mid–blue zone, labeled on chart) Target 3: 4,150+ (continuation if price breaks the blue zone with strength)