XAUUSD – Bullish Recovery From Key Demand ZoneGoldOANDA:XAUUSDOneTwoMarketGold is consolidating around $4,035 after repeatedly defending the lower intraday support area. The broader structure remains volatile, but the strong reaction from the $3,990–$4,003 demand zone suggests that buyers may still be active. We are monitoring the $4,038–$4,040 area as the first confirmation level. A sustained move above this zone could support a bullish continuation. Bullish Scenario If price holds above $4,025 and confirms above $4,040, we may see a recovery toward: First target: $4,060 Second target: $4,070 Main target: $4,088 The $4,060–$4,070 area remains an important resistance zone, so we may see temporary rejection or consolidation before any further continuation. Bearish Invalidation The bullish setup would weaken if price moves below $4,020. A deeper decline could bring gold back toward the $4,003–$3,990 demand zone. A confirmed break below $3,982 would invalidate the bullish scenario and indicate that sellers have regained control. We will wait for confirmation above the current consolidation before considering the long setup, as gold remains highly sensitive to sudden volatility.