Gold $XAU is sitting at a level that deserves attention❗❗❗

After completing what looks like a five-wave decline, price has entered a major demand zone.

If buyers defend this area, it could become the base for a meaningful reversal rather than just another bounce.

For me, the invalidation is clear.

Hold this zone, and a recovery toward higher levels is on the table.

Lose it, and the bullish thesis needs to be reconsidered.

Sometimes the best trades begin where fear is highest.