XAUUSD: Gold Shows Early Signs of a Bullish Shift

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XAUUSD has just come through a sharp selloff, but I’m starting to see signs that the downside is losing momentum.

What interests me most is the 4,066–4,110 demand zone. Price has reacted from this area several times, and sellers are no longer pushing lower with the same conviction. To me, that suggests gold may be trying to build a base here.

I’m not treating this as a confirmed reversal yet. I still want to see buyers prove themselves through stronger price structure, better follow-through, and ideally supportive volume behavior.

If that confirmation appears, my next area of interest is around 4,300. For now, I’m leaning bullish, but I want the market to confirm that buyers are truly taking control.

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