This chart illustrates a demand zone analysis on the XAU/USD (Gold) market, showcasing a strong reversal pattern after price tested a key demand zone (highlighted in purple). The marked zone represents a high-probability area for potential buy opportunities, with the price reacting positively and pushing upward toward a defined target at $2,638.30.
The trade...
This chart highlights the current market structure for XAU/USD. Key zones of interest have been marked:
Supply Zone (Red Area): Between $2,647 and $2,651, indicating potential resistance where sellers may enter.
Demand Zone (Lower Purple Area): Around $2,618 to $2,622, signaling potential support where buyers may step in.
The price is currently trading...
This analysis focuses on XAU/USD showcasing a symmetrical triangle pattern, signaling potential breakout scenarios. The chart highlights key zones for trade entries, stop losses, and take-profit targets.
Analysis Details:
Current Market Condition:
The price is consolidating within a symmetrical triangle, indicating indecision in the market. Such...
This post highlights a technical analysis of XAU/USD with a focus on key levels and market structure on the lower timeframe. The chart depicts potential zones of interest for intraday traders, aiming to capitalize on short-term price movements.
Market Overview: Gold (XAU/USD) is currently in a consolidative phase, reflecting reduced volatility ahead of key...
This post highlights a technical analysis of XAU/USD with a focus on key levels and market structure on the lower timeframe. The chart depicts potential zones of interest for intraday traders, aiming to capitalize on short-term price movements.
Market Overview: Gold (XAU/USD) is currently in a consolidative phase, reflecting reduced volatility ahead of key...
