XAUUSD H1: Downtrend Meets a Strong Demand ZoneGoldOANDA:XAUUSDEmir_WatenGold had been tracking closely along a fairly decisive descending trendline from the 4.115 high, pulling price consistently lower through several waves of decline. However, upon reaching the demand zone around 4.010–4.025, price reacted quite strongly, bouncing back up through the descending trendline with a large candle — a sign that bearish momentum was halted right on time. Although sellers quickly showed up at resistance, they failed to break the newly formed support. My plan is to buy if price holds above the breakout zone around 4.070–4.080, stop loss below 4.046, targeting the 4.120 zone above. If price falls back through and closes below 4.046, this reversal signal will be considered failed, and the previous downtrend could resume, in which case I'll stay on the sidelines waiting for a new structure. This is just my personal take based on technical analysis. Wishing you successful trading.