GOLD (XAUUSD) — Key Zone to Watch

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GOLD (XAUUSD) — Key Zone to Watch GoldOANDA:XAUUSDCrypto-JOE1Gold is sitting at a critical demand zone, with price currently consolidating. The higher timeframe still favours the bears, but a short-term bounce remains possible. Hence no sure set up yet. My focus is on how price reacts to this $4,160 - $4,300 zone. If buyers defend the area, we could see a temporary move higher. If price breaks below it decisively, further selling could follow. No need to rush a position. Let the market confirm its direction first. I’m also using Bitget CFD Demo Trading to practise setups like this, work on execution and test risk management before putting real capital on the line. With up to 10,000 USDT in virtual funds, I can practise without risking real money.