Gold (XAUUSD) 4H – Demand Zone Reaction & Potential Bullish ReveGold vs US-DollarBLACKBULL:XAUUSDMoriss365Market Structure Prior trend: Strong bullish impulse into the 4,550 area (clear higher highs & higher lows). Current phase: Sharp bearish correction from the top, followed by consolidation. Structure has shifted from impulse → pullback → base-building. 📦 Demand Zone (Key Area) Marked demand zone ~4,290 – 4,230 Price has: Reacted strongly here before Returned and is currently respecting this zone Long lower wicks indicate buyers defending this level This zone is the decision point. 🧠 Price Action Behavior After the drop, price is forming: Lower highs A compression / coil just above demand This suggests accumulation or distribution, depending on confirmation. The small zig-zag you marked implies liquidity grab + potential reversal, not continuation yet. 🎯 Upside Target (Bullish Scenario) Target marked around 4,460 – 4,465 This aligns with: Previous support turned resistance Midpoint of the prior bearish leg If demand holds, this is a logical first bullish objective ⚠️ Bearish Risk Scenario If price: Closes strongly below 4,230 With momentum (large bearish candle) Then: Demand is invalidated Next downside likely toward 4,180 – 4,150 (not shown, but structurally logical) 📊 Trade Bias Summary Bias: Neutral → Bullish (conditional) Condition Bias Hold above 4,230 + bullish candle ✅ Long toward 4,460 Weak bounce + rejection ⚠️ Range / chop Strong close below demand ❌ Bearish continuation 🧩 What to Watch Next Bullish confirmation: Strong 4H bullish engulfing Break & close above 4,320–4,350 Volume expansion on the bounce Rejection wicks from demand = good sign 📌 Final Take This is a high-quality demand zone reaction setup, but confirmation is still required. Aggressive longs can scale in at demand; conservative traders should wait for a break of structure above consolidation. If you want, I can: Refine entry/SL/TP Analyze this on lower timeframes Check fundamental alignment (USD, yields, news)