Target 2690

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Supply and Demand Zone Analysis;
After analyzing the XAUUSD market, I've identified key supply and demand zones that are likely to influence price movement.

Current Market Situation;
The market price is currently trading near the 2nd demand zone at 2664, having already bounced off the first demand zone at 2657.

Trade Setup;
With the price trading at 2668, I'm recommending a buy position targeting the supply zone at 2696.
Gold Buy Now - Entry: 2665
- Stop Loss: 2655
- Target: 2690

Analysis Rationale;
The price is showing signs of a potential bullish move, having already bounced off the first demand zone. With the 2nd demand zone nearby, I'm expecting the price to continue its upward momentum towards the supply zone.
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