XAUUSD Long: Buyers Eye Push Toward $4,100 ResistanceHello traders! XAUUSD is developing a clear technical structure after reacting multiple times to both the Supply and Demand zones, forming a well-defined pattern of price behavior. Recently, Gold rejected the Supply Line after creating a new Pivot Point near the $4,230 area — the same region where a previous strong rejection occurred. This confluence confirms that sellers remain active at the upper boundary of the market. Earlier, the market formed a Double Top pattern near the same Supply Zone, which triggered a strong bearish reversal. After the breakdown, price retested the $4,100 level several times, turning it into a meaningful local resistance. Multiple breakout attempts above this level failed, signaling strong selling pressure from the supply area.
Currently, XAUUSD is testing the Demand Line that has been respected consistently throughout the recent bullish leg. Each touch of this trendline resulted in a higher pivot point, confirming active buyers stepping into the market. This area aligns with the $4,000–$4,010 Demand Zone — a key support cluster where price has reacted with strong bullish impulses before.
My scenario as long as XAUUSD holds above the Demand Line and the $4,000–$4,010 support, the bullish structure remains valid. A rebound from this zone may initiate a fresh move toward the $4,100 Supply Zone (TP1), where the next important reaction is expected. A clean breakout above $4,100 would strengthen the bullish scenario and open the path toward $4,150–$4,170, aligning with the upper Supply Line. If Gold fails to hold above the Demand Zone, sellers may regain control and push the price lower toward the $3,960 support, signaling a deeper correction phase. For now, the market favors buying pullbacks near demand while monitoring price action closely around the $4,100 resistance. Manage your risk!
