XAUUSD – Bullish Reversal Brewing at Key Demand Zone?

Gold just bounced cleanly off a strong demand zone around $3,314, right where previous buy-side liquidity was sitting. This level has acted as a strong support zone, and we now see bullish signs emerging!

Key Technical Levels:

Support Zone (Demand): $3,314 – $3,326 (held multiple times)

Resistance Targets:

$3,392 (intermediate level)

$3,463 (major supply zone)



Bullish Bias Reasons:

Price tapped into a demand zone with a rejection wick, hinting at possible accumulation.

Previous aggressive drop may have cleared liquidity, setting the stage for a reversal pump.

If bulls hold above $3,326, we could see a rally toward $3,392 and potentially $3,463.


Possible Trade Setup:

Long entries around $3,314–$3,326 with SL below the zone.

First target: $3,392

Second target: $3,463


Watch for confirmation:

Higher highs & bullish engulfing candles on lower timeframes could confirm entry.


Let’s talk: Do you see this as a reversal or just a dead-cat bounce?

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