XAU/USD โ€“ Bullish Continuation After Re-Test of Demand Zone for ICMARKETS:XAUUSD by forexfire1

After a sharp pullback from the recent high near $4,379, XAU/USD has tapped into a clean intra-day demand zone (4,210-4,225) and shown a strong bullish reaction.

Structure still remains bullish, and price is respecting the overall uptrend.

๐Ÿ” Technical Outlook

Price retested the demand block formed after the last impulse.

Short-term structure shifting back bullish.

Expecting a series of higher highs and higher lows towards $4,340-$4,370.

Bias remains valid as long as 4,210 support holds.

๐Ÿ’ฐ Trade Idea (Example)

Entry: 4,225-4240

Stop Loss: Below 4,180

Take Profit: 4,370 โ†’ 4,470

๐Ÿง  Bias: Bullish

๐ŸŽฏ Focus on reaction from demand zone and market structure shifts for confirmation.

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