XAUUSD H4: Demand Zone Could Trigger the Next ReboundGoldOANDA:XAUUSDRichard_PrimeInsightsXAUUSD remains structurally bullish on the H4 timeframe despite the recent corrective phase following a strong upside expansion. Price has now pulled back toward the 4,315–4,350 Demand Zone + OB, an area that previously supported the bullish structure and remains the key reaction point on the chart. The recent CHoCH and BOS sequence shows that the market has transitioned from the previous bearish phase into a broader bullish structure. However, price is currently trading below the short-term moving-average cluster, suggesting that the correction may not be complete yet. The 4,640–4,690 Resistance + OB remains the major upside barrier. A successful reaction from the demand zone could allow price to recover toward the 4,450–4,520 area before retesting the higher resistance. The Bias: Medium-Term Bullish Structure / Short-Term Corrective Phase. The Target Path: Price may continue to retrace into the 4,315–4,350 Demand Zone, potentially creating a reaction before expanding toward 4,450–4,520 and eventually the 4,640–4,690 Resistance + OB. Confirmation: A strong bullish rejection from the demand zone, followed by displacement and a lower-timeframe CHoCH/MSS, would strengthen the continuation scenario. Invalidation: Sustained H4 acceptance below the 4,315 Demand Zone would weaken the bullish structure and expose deeper support levels. Educational purposes only — Not financial advice.