XAUUSD Technical Outlook | Buyers Testing a Key Demand AreaGoldOANDA:XAUUSDMrgoldtrade2Gold has pulled back into an area where an ascending trendline and previous reaction levels meet. This creates an interesting technical location that may attract buying interest if the structure remains intact. The recovery path shown on the chart is based on price maintaining support and gradually reclaiming nearby resistance. Technical Levels Current Support: 4040 Demand Zone: 3995-4005 Target Zone 1: 4080 Target Zone 2: 4120 Extended Target: 4180 Market Structure Higher-timeframe trend remains constructive. Pullback is approaching dynamic trendline support. Resistance must be cleared before stronger bullish momentum can develop.