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$XAU (1h) - Demand Zone Reversal
Bias: Long
Entry (Zone): 4,685 - 4,700
Targets:
TP1: 4,730
TP2: 4,770
TP3: 4,800
Stop Loss: 4,655
Why this Setup:
I’m seeing buyers step in after the sharp selloff, and price is still holding near the reclaim area around 4,700. I want to buy a clean retest of this demand zone, with room for a bounce back into the prior intraday highs if momentum follows through.
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