After a corrective decline, price found strong support near the lower demand zone and reacted aggressively upward. This behavior confirms smart-money buying and healthy bullish continuation rather than a trend reversal. As long as price holds above demand, upside liquidity remains the primary objective.

Key Scenarios
✅ Bullish Case 🚀 → Continuation above demand can drive price toward external liquidity.
🎯 Target 1: 4880
🎯 Target 2: 4950
🎯 Target 3: 5000

❌ Bearish Case 📉 → A strong break and close below the demand zone would invalidate the bullish setup and signal deeper correction.

Current Levels to Watch
Resistance 🔴: 4880 – 4900
Support 🟢: 4820 – 4760

⚠️ Disclaimer: This analysis is for educational purposes only. It is not financial advice. Please do your own research before trading.

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XAU
XAUUSDT
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