*🚨 XAUUSD BUY UPDATE: GOLD TESTING STRONG DEMAND ZONE*
*XAUUSD 1H: $4,640.44 | -0.40%*
_Current: Holding $4,640 area_
Gold is pulling back into support, and bulls are watching this zone closely.
*Key Levels:*
- *Demand Zone*: $4,630 – $4,640 ⬇️ _Marked on chart_
- *Immediate Resistance*: $4,675
- *Breakout Targets*: $4,700 → $4,753
*Bullish Scenario:* 📈
If price holds above $4,640 and flips $4,675 into support, the path opens toward $4,700 and then $4,753. The chart shows a clear "Strong Demand Zone" with buy-side liquidity waiting to push price higher.
We also see a "Low Swing" base earlier that fueled the last move up. Now price is retesting that structure.
*What to watch:*
1. Hold $4,640. A daily close below invalidates the setup.
2. Break $4,675 with volume. That confirms continuation.
3. Target the green box: $4,700 – $4,753 next.
With macro uncertainty and DXY weakness, gold still looks constructive on the 1H timeframe.
#XAUUSD #Forex #BinanceSquare
*XAUUSD 1H: $4,640.44 | -0.40%*
_Current: Holding $4,640 area_
Gold is pulling back into support, and bulls are watching this zone closely.
*Key Levels:*
- *Demand Zone*: $4,630 – $4,640 ⬇️ _Marked on chart_
- *Immediate Resistance*: $4,675
- *Breakout Targets*: $4,700 → $4,753
*Bullish Scenario:* 📈
If price holds above $4,640 and flips $4,675 into support, the path opens toward $4,700 and then $4,753. The chart shows a clear "Strong Demand Zone" with buy-side liquidity waiting to push price higher.
We also see a "Low Swing" base earlier that fueled the last move up. Now price is retesting that structure.
*What to watch:*
1. Hold $4,640. A daily close below invalidates the setup.
2. Break $4,675 with volume. That confirms continuation.
3. Target the green box: $4,700 – $4,753 next.
With macro uncertainty and DXY weakness, gold still looks constructive on the 1H timeframe.
#XAUUSD #Forex #BinanceSquare
