2. Bullish Reversal & Demand Zone RetestGoldOANDA:XAUUSDZKgoldtrader12. Bullish Reversal & Demand Zone Retest Price rallied strongly after BOS and created: A clear higher high A retracement toward what looks like a demand zone (blue shaded area) The green arrow highlights the rejection from this demand zone with bullish confirmation This indicates buyers stepped in again.