XAUUSD | Demand Zone Rejection Points To Potential Bullish Setup

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XAUUSD | Demand Zone Rejection Points To Potential Bullish SetupGoldOANDA:XAUUSDAurum_ForexGold has reached a significant demand zone after a sharp bearish move from recent highs. The current reaction suggests buyers are actively defending an area that has historically attracted strong buying interest. The recent decline swept liquidity below short-term lows before finding support inside a key daily demand region. Price is now attempting to stabilize and could retrace toward nearby resistance levels if bullish momentum continues to build. 🔍 Technical Factors ✅ Reaction from major demand zone ✅ Liquidity sweep below recent lows ✅ Strong bullish rejection from support ✅ Historical buying activity within the highlighted area ✅ Potential recovery toward overhead resistance 🎯 Bullish Targets 🎯 Target 1: 4165 🎯 Target 2: 4195 🎯 Target 3: 4218 ⚠️ Invalidation A sustained breakdown below the highlighted demand zone would weaken the bullish outlook and suggest additional downside pressure. This analysis is based on technical observations, market structure, and support/resistance levels. Always use proper risk management.