Gold Ready to Rally? Buyers Defending Key Support

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Gold Ready to Rally? Buyers Defending Key SupportGoldOANDA:XAUUSDForex_ViP_SignalssGold is currently trading inside a strong Demand/Support Zone, where buyers have repeatedly defended price. The market is forming a higher low above the ascending trendline, suggesting bullish momentum is building. A successful hold above the demand zone could trigger a move toward the equal highs (EQH), followed by a liquidity sweep into the major Supply/Resistance Zone. 🔹 Key Levels Buy Zone: 4043–4049 TP1: 4123 TP2: 4222 Invalidation: A strong 4H close below the demand zone may invalidate the bullish setup. 📈 SMC Confluence ✅ Strong Demand Zone ✅ Ascending Trendline Support ✅ Equal Lows (EQL) Liquidity ✅ Potential Break of Structure (BOS) to the upside ✅ Premium target near the supply zone ⚠️ Disclaimer: This analysis is for educational purposes only and is not financial advice. Always wait for confirmation and use proper risk management before entering any trade.