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Gold Demand Zone Holding – Upside Potential Toward 3710!

755
Gold is currently testing a demand zone around 3640–3650, which aligns well with moving average support. As long as this zone holds, price action favors a potential bounce toward the falling trendline and eventually the key resistance area near 3710. Short-term buyers may look for confirmation inside the demand zone before positioning, while a breakdown below 3614 would invalidate this setup.

Disclaimer: This analysis is for educational purposes only and should not be taken as financial advice. Please do your own research or consult your financial advisor before investing.
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Good move as expected
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Gold respected the 3640–3650 demand zone beautifully and gave a strong upside move toward 3710.
This highlights the importance of tracking demand zones and combining them with price action for high-probability setups.

Key Takeaway: Demand zones act like magnets – once price holds, sharp moves often follow. Traders who can identify these zones early always get the best reward-to-risk setups.

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