Bullish Continuation from Demand Zone | 4H Setup

Overview:
Gold is maintaining a strong bullish structure on the 4-hour timeframe, forming consistent higher highs and higher lows.
Recently, price tapped into a key Demand Zone, showing a clear rejection and early signs of buyer re-entry — signaling a potential continuation of the uptrend.

Technical Outlook
• Trend: Bullish market structure intact.
• Current Price: ~4,230.34
• Demand Zone (Buy Zone): Price has bounced from a major demand area — indicating renewed buying pressure.
• Reversal Confirmation: Rejection wicks and bullish candles confirm demand reaction.
• Supply Zone (Resistance): Overhead supply remains the key obstacle. A break and close above it could trigger a strong rally toward the next resistance.

Trade Setup

Parameter Level (Approx.) Description

Entry (Buy Zone) 4,230.34 Reaction from demand zone
Take Profit 1 (TP1) 4,501.59 Conservative target
Take Profit 2 (TP2) 4,576.74 Extended target
Stop Loss (SL) ~4,200.00 Below demand zone

Market Outlook
As long as the demand zone holds, the bullish structure remains valid.
A confirmed break above the supply zone could invite strong momentum toward higher targets.

Failure to hold the demand base may trigger a corrective move lower — hence, risk management remains crucial.

Bias: 🟢 Bullish
Timeframe: 4H
Strategy: Supply & Demand | Market Structure | Price Action