From TradingView · · 1m 10s
Gold tests a demand-zone rebound
XAUUSD is trying to hold a key demand area as bulls watch 4312 for the first breakout signal.
In brief
XAUUSD is trying to hold a key demand area as bulls watch 4312 for the first breakout signal. The bullish case depends on gold holding 4260 to 4266, then breaking 4312 before higher targets come into play. Originally reported by TradingView.
Gold meets demand
XAUUSD is reacting from the 4260 to 4266 demand zone, an area that has drawn buyers several times in recent sessions.
“XAUUSD is currently reacting from a well-established demand zone around 4260 - 4266”
Buyers defend support
After a long correction and repeated failures at higher prices, gold is showing support near the lower edge of its recent range.
“gold is once again showing signs of support formation near the lower boundary of the range”
Rebound setup forms
Repeated defense of the zone suggests buyers are still active, keeping a recovery toward overhead liquidity in play.
“The repeated defense of demand suggests buyers remain active”
4312 comes first
The first resistance to clear is 4312. A break above it would open the path toward the next supply zones on the chart.
“The highlighted resistance near 4312 remains the first obstacle.”
Targets stack higher
The bullish targets are 4312, 4338, and 4353, but the setup stays valid only while demand continues to hold.
“As long as demand continues to hold”
Educational view only
The author frames this as a personal market view for learning, not a trade recommendation or financial advice.
“not financial advice”
The takeaway
The bullish case depends on gold holding 4260 to 4266, then breaking 4312 before higher targets come into play.
