XAUUSD / TRYING TO REACH NEXT DEMAND ZONE / 4H
XAUUSD / 4H TIME FRAME
HELLO TRADERS
Demand Zone and Initial Price Decline, After a recent decline, gold prices have reached a demand zone, providing an opportunity for a 600-pip profit. A demand zone is a price range where buying interest typically increases, suggesting potential support.
Current Price Movement ,Gold is now aiming for a new demand zone between $2,527 and $2,500. As long as prices stabilize above this zone, there’s potential for an upward push towards higher levels.
Potential Price Levels , Next Supply Zone: Between $2,606 and $2,618. If gold reaches this range, selling pressure could increase, potentially slowing or reversing the uptrend.
FVG (Fair Value Gap) Area, Between $2,636 and $2,664. This level may act as a magnet for prices if the trend continues upwards, as traders may look to close gaps in the price , Further Supply Zone, Between $2,687 and $2,708, where resistance is expected to be strong.
Support Levels and Downside Risk, If gold breaks below the $2,527-$2,500 demand zone, it could decline further to a support level around $2,485, where additional buying interest might emerge.
Market Sentiment , The market is generally under upward pressure (bullish sentiment), though it is currently experiencing a decline.
HELLO TRADERS
Demand Zone and Initial Price Decline, After a recent decline, gold prices have reached a demand zone, providing an opportunity for a 600-pip profit. A demand zone is a price range where buying interest typically increases, suggesting potential support.
Current Price Movement ,Gold is now aiming for a new demand zone between $2,527 and $2,500. As long as prices stabilize above this zone, there’s potential for an upward push towards higher levels.
Potential Price Levels , Next Supply Zone: Between $2,606 and $2,618. If gold reaches this range, selling pressure could increase, potentially slowing or reversing the uptrend.
FVG (Fair Value Gap) Area, Between $2,636 and $2,664. This level may act as a magnet for prices if the trend continues upwards, as traders may look to close gaps in the price , Further Supply Zone, Between $2,687 and $2,708, where resistance is expected to be strong.
Support Levels and Downside Risk, If gold breaks below the $2,527-$2,500 demand zone, it could decline further to a support level around $2,485, where additional buying interest might emerge.
Market Sentiment , The market is generally under upward pressure (bullish sentiment), though it is currently experiencing a decline.
Trade closed: target reached
Reached +1170 pip profit.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Profit isn’t about luck, it’s about strategy. Get free signals and trade smarter: Telegram Channel [t.me/ArinaMarketAnalysis].
The market is waiting—you can make money, and you should.
The market is waiting—you can make money, and you should.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.