XAUUSD Reversal Setup Developing Near Weekly Support

Hello TradingView community, Gold is currently trading at a significant higher-timeframe support area after an extended corrective phase that has been developing for several weeks. Price has now returned to a major demand zone around the 3,950-3,980 region, an area that has previously acted as a strong reaction point for buyers. One of the primary reasons behind my bullish outlook is the combination of trendline support and historical demand converging at the same location.