Gold and these two positionsGoldOANDA:XAUUSDmelikatrader94Hi! These two positions could happen: š¢ Long Setup 1 (riskier) Entry: 4,044ā4,050 (Demand Zone) Target: 4,119 Idea: Buy the reaction from demand for a move back to the first resistance. š¢ Long Setup 2 (Swing) Entry: Same demand zone Target: 4,218 (Major Resistance) Idea: Hold the position for an extended rally if price breaks above the descending trendline. Key Outlook: The 4,044ā4,050 demand zone is the key support. As long as it holds, the bullish bias remains intact, with the first target at 4,119 and the extended target at 4,218. A break above the descending trendline would further strengthen the bullish outlook. Iām excited to announce that Iām now a Brand Ambassador for AvaTrade!