Gold (XAU/USD) is consolidating above a key demand zone after a healthy pullback, indicating that buyers are defending support and maintaining bullish market structure. The price is trying to break above the nearby resistance level, and a successful breakout could accelerate momentum towards the key supply zone around 4,350-4,400. The distinct demand zone remains the key level to watch, as stability above it keeps the bullish outlook intact. Continued buying pressure and a confirmed breakout could open the door for further upside in the coming sessions.
