XAUUSD Bullish Setup – Demand Zone & Trendline Confluence!

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Gold (XAUUSD) remains in a strong uptrend, respecting the ascending trendline.

Price is currently pulling back towards a key demand zone around $2,800, aligning perfectly with the trendline support.

🔍 Key Observations:

✅ Strong bullish momentum continues.
✅ Price is retracing into a high-probability buy zone.
✅ Demand zone + trendline = strong confluence for a potential reversal.
✅ Targeting new highs above $3,100 if support holds.

🔥 Trading Plan:
📌 Waiting for bullish confirmation near the demand zone before entering.
📌 Potential long entry around $2,800 - $2,820.
📌 Stop loss below $2,770 to protect capital.
📌 Target: New ATH beyond $3,100!

📊 What are your thoughts on this setup? Let me know in the comments!👇

Feragatname

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