XAU/USD has confirmed a bullish Change of Character (CHoCH) by breaking above the descending trendline and reclaiming the key resistance around 4,173, which has now flipped into a demand zone.

Price is currently trading near a weak high, suggesting a short-term pullback may occur to sweep liquidity before the next impulsive move. The highlighted green zone (around 4,160–4,175) is the ideal area to watch for bullish confirmation.

Bullish Scenario:

✅ Wait for a pullback into the 4,160–4,175 demand zone.
✅ Look for bullish price action (engulfing candle, BOS, or CHoCH) before entering.
🎯 Targets: 4,270 → 4,320 → 4,360
❌ Invalidation: A sustained break below the demand zone would weaken the bullish outlook.

Overall, the market structure remains strongly bullish, and buying the retracement offers the highest-probability setup while the uptrend remains intact.