Gold
$XAU is sitting at a level that deserves attention❗❗❗
After completing what looks like a five-wave decline, price has entered a major demand zone.
If buyers defend this area, it could become the base for a meaningful reversal rather than just another bounce.
For me, the invalidation is clear.
Hold this zone, and a recovery toward higher levels is on the table.
Lose it, and the bullish thesis needs to be reconsidered.
Sometimes the best trades begin where fear is highest.