Gold (XAUUSD) 1H: Demand Zone Hold & Resistance Target ($4,400)

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Gold (XAUUSD) 1H: Demand Zone Hold & Resistance Target ($4,400)Gold vs US-DollarGBEBROKERS:XAUUSDfx_martin07Gold is showing a potential bullish continuation setup on the 1H chart. After the previous bearish structure, price formed a liquidity sweep near the 4,260 area followed by a bullish CHOCH and a strong recovery. Price then moved within an ascending channel and is now consolidating around a key demand zone near 4,340–4,355. As long as this demand zone holds, the setup points toward a potential move higher, with 4,400 resistance marked as the primary target area. Key Levels: - 🟦 Demand Zone: 4,340–4,355 - 🔴 Resistance: 4,400 - 🎯 Target: 4,400 - 📈 Structure: Bullish after CHOCH + liquidity sweep A decisive break below the demand zone would weaken this bullish scenario.