XAU/USD Technical Outlook | Demand Zone Remains the Main Focus
Gold continues trading near an important technical support area after a corrective decline. The chart highlights a demand zone where buying interest may return, while the overall structure still allows for a possible upward continuation if buyers regain momentum.
Instead of chasing price, I will be watching for confirmation around support before expecting any move toward higher resistance levels.
Technical Levels
Support Zone: 4000–4025
Intraday Pivot: 4030–4040
Target Area 1: 4060
Target Area 2: 4090
Target Area 3: 4120
Market Structure