XAUUSD Has Bullish Potential

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XAUUSD Has Bullish PotentialGoldOANDA:XAUUSDDamonEdgeXAUUSD has recently gone through a sharp and aggressive selloff. But I believe the downside is starting to lose momentum. Price is reacting repeatedly from the 4,066–4,110 demand zone, and sellers are no longer pushing lower with the same strength. That tells me the market may be building a base rather than preparing for another immediate breakdown. My next area of interest is around 4,300. But I would still want to see buyers prove themselves first — not only through a clean price structure, but also through stronger volume and follow-through on the recovery. If price gives that confirmation from this area, I would expect the rebound to develop into a broader move higher. For now, 4,300 remains my main upside target.